Why SolarEdge Technologies (SEDG) Dipped More Than Broader Market Today

In the latest market close, SolarEdge Technologies (SEDG) reached $13.10, with a -1.58% movement compared to the previous day. This change lagged the S&P 500's daily loss of 0.51%. At the same time, the Dow lost 0.75%, and the tech-heavy Nasdaq lost 0.28%.Shares of the photovoltaic products maker have depreciated by 10.07% over the course of the past month, underperforming the Oils-Energy sector's gain of 6.87% and the S&P 500's gain of 2.87%.Market participants will be closely following the financial resul ...