WDFC - Intuitive Surgical SolarEdge Technologies And Other Big Stocks Moving Lower In Friday's Pre-Market Session | Benzinga
U.S. stock futures traded lower this morning on Friday. Here are some big stocks recording losses in today’s pre-market trading session.
- SolarEdge Technologies, Inc. (NASDAQ: SEDG) shares tumbled 24.1% to $86.50 in pre-market trading after the company issued preliminary third-quarter revenue results below estimates and lowered its non-GAAP gross margin forecast. Deutsche Bank downgraded SolarEdge Technologies from Buy to Hold and lowered the price target from $300 to $150, while Roth MKM downgraded the stock from Buy to Neutral and cut the price target from $280 to $100.
- Enphase Energy, Inc. (NASDAQ: ENPH) shares fell 14.3% to $99.30 in pre-market trading in sympathy with SolarEdge after the company said its Q3 revenue, gross margin and ...