LOS ANGELES, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP ("GPM") reminds investors of the upcoming January 2, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired SolarEdge Technologies, Inc. ("SolarEdge" or the "Company") (NASDAQ:SEDG) securities between May 3, 2023 and October 19, 2023, inclusive (the "Class Period").
If you suffered a loss on your SolarEdge investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at www.glancylaw.com/cases/SolarEdge-Technologies-Inc/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights.
On August 1, 2023, after the market closed, the Company held a conference call with investors and analysts regarding its second quarter 2023 results. During the call, Defendant Zvi Lando ("Lando") stated that "distribution channels in Europe are experiencing higher than optimal inventory levels, especially as it relates to solar modules."
On this news, the Company's share price fell $43.96 per share, or 18.3%, to close at $195.51 per ...
SEDG)>Full story available on Benzinga.com