Will SolarEdge Rebound on Q1 Earnings?
27 Abril 2022 - 11:07AM
TipRanks
Shares of SolarEdge Technologies (NASDAQ: SEDG) and several other
solar stocks fell sharply last week when NextEra Energy's (NEE) CEO
John Ketchum stated that the U.S. Department of Commerce's probe
into Chinese solar-panel suppliers could delay a huge portion of
its solar and storage projects to 2023. The U.S. authority is
investigating whether Chinese suppliers are evading tariffs.
Overall, SolarEdge shares are down 12.8% year-to-date.
Israel-based SolarEdge provides inverter solutions and power
optimizers for the photovoltaic industry and is one of the leading
players in the residential solar inverter market. The company is
set to announce its first-quarter results after the market closes
on May 2.
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SolarEdge Technologies (NASDAQ:SEDG)
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