Why SolarEdge Shares Are Trading Lower By 12%? Here Are Other Stocks Moving In Monday's Mid-Day Session
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 15 2024
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Source: Benzinga
- SolarEdge Layoffs: SolarEdge Technologies, Inc. announced a workforce reduction involving 400 job cuts, with 200 in Israel, leading to a 12.2% drop in their shares.
- Stock Market Movements: Various companies experienced significant stock price changes, with some soaring and others plummeting, influenced by factors like licensing agreements, preclinical study results, and market conditions post the attempted assassination of Donald Trump.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
