Market News / Story
Why SolarEdge (SEDG) Shares Are Trading Lower Today
Stock Story ·
Stock Story reports: What Happened? Shares of solar power systems company SolarEdge fell 4.3% in the afternoon session after Deutsche Bank issued a short-term negative tactical call on the company, warning that consensus expectations for core revenue growth are overly optimistic, as reported by StreetInsider. The bank warned that the company's recovery may stumble because borrowing costs in the United States remain elevated. Deutsche Bank stated that persistent high interest rates in the…