On July 28, SolarEdge fell 8.49% in regular trading, trading at $38.745 USD/share, with Turnover of $31.40 million.
Within the Semiconductor Equipment sector where SolarEdge belongs, the overall sector performance was broadly weak. Among individual stocks, ASML Holding NV down 4.68%, Lam Research down 10.21%, Applied Materials down 8.67%, KLA-Tencor down 7.29%, Teradyne down 9.06%.
SolarEdge Technologies is a global leader in smart energy technology, primarily offering DC optimized inverter systems for solar photovoltaic installations. The company sells power optimizers, inverters, and cloud-based monitoring platforms across residential, commercial, and small utility-scale segments in 96 countries. The company is scheduled to report its next quarterly earnings on August 5.
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