SEDG Aug 2024 26.000 put
| Previous close | 3.1500 |
| Open | 1.6400 |
| Bid | 1.8400 |
| Ask | 2.0000 |
| Strike | 26.00 |
| Expiry date | 2024-08-02 |
| Day's range | 1.6400 - 1.7600 |
| Contract range | N/A |
| Volume | |
| Open interest | 22 |
- Yahoo Finance Video
SolarEdge stock down 70% in 2024. Can it stage a comeback?
SolarEdge (SEDG) got a 9% bump to the upside in Monday's trading, while the solar energy technology company's stock has fallen by 70% year to date in 2024. Bank of America Securities upgraded the stock from Underperform to Neutral and slashed its price target from $44 to $29 per share. Market Domination welcomes BofA Securities clean energy analyst Dimple Gosai to talk more about SolarEdge's rating "The broader solar index [is underperforming] by close to 50% as well year to date... The stock is oversold. Investors are largely concerned that we might see the likes of inventory write-downs," Gosai tells Yahoo Finance. "You are seeing, SolarEdge struggling with things like customer, accounts receivable extensions, monetizing the balance sheet, weaker underlying demand. And the question is really when can these underlying trends really reverse? And so that's the fear in the market..." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Shares of SolarEdge climb on upgrade from BoFA
Shares of SolarEdge Technologies (SEDG) are rising as the Bank of America upgrades the stock to Neutral from Underperform. The bank cites an appealing valuation since the stock has already priced in the "worst case scenario." Yahoo Finance anchors Madison Mills and Seana Smith break down this latest development for SolarEdge and how the company may operate moving forward. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino
Barrons.comWhen a SolarEdge Stock Upgrade Doesn’t Mean Buy
Shares have been struggling after the company issued second-quarter guidance that fell short of expectations.
