Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why SolarEdge Stock Is Soaring Today

TheMotleyFool

0 0

Why SolarEdge Stock Is Soaring Today: https://g.foolcdn.com/editorial/images/708422/gettyimages-1307615661.jpg

Investors pushed the share price of SolarEdge Technologies (NASDAQ: SEDG), a smart energy-technology company, higher today after the company reported third-quarter sales that outpaced Wall Street's expectations and issued strong fourth-quarter revenue guidance.

SolarEdge's share price has jumped 17.1% as of 12:09 p.m. ET.

SolarEdge reported sales of $836.7 million -- an impressive 59% increase from the year-ago quarter -- easily ahead of analysts' consensus estimate of $822.4 million.

Source Fool.com

Like: 0

SEDG

Share