Why SolarEdge Technologies' Shares Popped 12.1% on Wednesday

Shares of SolarEdge Technologies (NASDAQ: SEDG) had another great day today, gaining as much as 12.1% in a steady climb throughout the day. Shares were hitting their daily highs as I'm writing this at 2:35 p.m. EDT. 

Yesterday's jump in SolarEdge's shares was because of second-quarter earnings that came in better than the market's very low expectations. Revenue grew just 2%, but the company increased profits by 11.5%. 

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Source Fool.com