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Why SolarEdge Stock Melted Down Today

TheMotleyFool

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SolarEdge (NASDAQ: SEDG) stock, the maker of power inverters for converting direct current solar energy into the alternating current that powers your lights and computer and charges your iPhone, is in a funk Monday -- down 9% as of 3:20 p.m. ET.

There's no news on the feeds from SolarEdge per se, but even so, it's no great mystery why the stock cratered today. Build Back Better just died in Congress.

Image source: Getty Images.

Source Fool.com

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