VEV - Why SolarEdge Shares Are Trading Lower By 12%? Here Are Other Stocks Moving In Monday's Mid-Day Session | Benzinga
Shares of SolarEdge Technologies, Inc. (NASDAQ:SEDG) fell sharply during Monday's session after the company announced a workforce reduction.
SolarEdge disclosed a decision to lay off 400 employees. The company stated that 200 of these job cuts are in Israel. The action involves reducing headcount and discretionary spending across all departments.
SolarEdge Technologies shares dipped 12.2% to $27.77 on Monday.
Here are some other stocks moving in today’s mid-day session.
Gainers
- Autonomix Medical, Inc. (NASDAQ:AMIX) shares climbed 148% to $1.4850 after the company entered into an agreement with RF Innovations to license intellectual property for its Apex 6 Radiofrequency Generator.
- AEON Biopharma, Inc. (NASDAQ:AEON) gained 72% to $2.41.
- Cyngn Inc. (NASDAQ:CYN) gained 65% to $9.90.
- DatChat, Inc. (NASDAQ:DATS) shares jumped 65% to $1.75.
- Scinai Immunotherapeutics Ltd. (NASDAQ:SCNI) shares climbed 61% to $6.53 after the company announced in-vivo preclinical study results of NanoAb.
- American Rebel Holdings, Inc. (NASDAQ:AREB) gained 44.5% to $0.7514.
- Trump Media & Technology Group Corp. (NASDAQ:DJT) rose 32.8% to $41.03 following the attempted assassination of Donald Trump. The company's CEO Devin Nunes issued the following statement in response to the attempted assassination of President Donald J. Trump, “I offer my deepest sympathies to the family of the rally goer killed in Butler, Pennsylvania, and to those who were wounded. I thank God President Trump survived the assassination attempt and is now safe.”
- MIRA Pharmaceuticals, Inc. (NASDAQ:MIRA) shares gained 28.3% to $0.7632 after the company said testing confirmed MIRA’s preliminary beliefs regarding potential treatment for neurological and neuropsychiatric disorders.
- QXO, Inc. (NASDAQ:QXO) gained 23.5% to $61.17.
- Innodata Inc. (NASDAQ:INOD) shares climbed 22.1% to $20.66. ...