SolarEdge shares are trading lower in sympathy with Enphase, which issued weak guidance.
Portfolio Pulse from Bill Haddad
SolarEdge (SEDG) shares are trading lower due to weak guidance issued by Enphase, a company in the same sector.
July 27, 2023 | 9:22 pm
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NEGATIVE IMPACT
SolarEdge shares are trading lower due to weak guidance issued by Enphase.
SolarEdge shares are trading lower due to weak guidance issued by Enphase, a company in the same sector. This suggests that investors are concerned about the overall health of the sector, which could negatively impact SolarEdge's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100