Enphase Energy shares are trading lower in sympathy with SolarEdge Technologies, which reported weak Q3 financial results.
Portfolio Pulse from Benzinga Newsdesk
Enphase Energy's stock is trading lower due to weak Q3 financial results reported by SolarEdge Technologies.
November 01, 2023 | 9:01 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Enphase Energy's stock price is negatively impacted by SolarEdge's weak Q3 results.
Enphase Energy's stock price is trading lower due to the weak Q3 financial results of SolarEdge Technologies. As both companies operate in the same sector, poor performance by one can impact the stock price of the other.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
SolarEdge Technologies reported weak Q3 financial results, impacting its own and Enphase Energy's stock prices.
SolarEdge Technologies reported weak Q3 financial results, which has led to a decrease in its own stock price and also negatively impacted the stock price of Enphase Energy, a company in the same sector.
CONFIDENCE 95
IMPORTANCE 85
RELEVANCE 100