SolarEdge Shares Surge on Strong Q3, New Partnerships

SolarEdge shares surged by five percent in morning trading today, driven by investor enthusiasm following the companys robust third quarter results and new partnerships. The company reported a significantly smaller loss and positive cash flow for the first nine months of the year. The collaboration with Infineon for data center energy infrastructure and the Nexis platform for homes are key highlights. Despite volatility, the stock is up 111% year-to-date, indicating potential for brighter days in the renewable energy sector.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.