Weak demand in europe. Solaredge (SEDG.US) will close its energy storage department and lay off 12% of its staff.
SolarEdge Technologies (SEDG.US), a manufacturer of solar power inverters, announced on Wednesday that it will shut down its energy storage division and lay off about 12% of its employees.
Express News | SolarEdge will close its energy storage division and lay off approximately 500 employees.
CCORF Maintains SolarEdge Technologies(SEDG.US) With Hold Rating, Cuts Target Price to $16
Express News | Solaredge Technologies Inc : JP Morgan Raises Target Price to $21 From $18
What's Going On With SolarEdge Technologies Stock Wednesday?
Oppenheimer Maintains SolarEdge Technologies(SEDG.US) With Hold Rating