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It's Time to Worry About SolarEdge Stock

TheMotleyFool

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It's Time to Worry About SolarEdge Stock: https://g.foolcdn.com/editorial/images/762262/home-with-solar-panels.jpg

SolarEdge (NASDAQ: SEDG) announced layoffs on Monday and showed the company's weakness in the solar market. Not only is revenue dropping, but margins are also declining, and manufacturing workers are now losing their jobs.

In this video, Travis Hoium shows why this is impacting SolarEdge more than other solar companies.

*Stock prices used were end-of-day prices of Jan. 22, 2024. The video was published on Jan. 22, 2024.

Source Fool.com

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