U.S. stocks traded lower, with the Nasdaq Composite falling more than 150 points on Wednesday.
Shares of SolarEdge Technologies, Inc. (NASDAQ: SEDG) fell during Wednesday’s session after Barclays downgraded the stock from Equal-Weight to Underweight and lowered its price target from $74 to $50.
SolarEdge Technologies shares declined 5.4% to $68.91 on Wednesday.
Here are some other big stocks recording losses in today’s session.
- Spirit Airlines, Inc. (NYSE: SAVE) shares dipped 24.1% to $6.01 on continued downward momentum after a federal judge blocked JetBlue Airways from acquiring the company.
- Calavo Growers, Inc. (NASDAQ: CVGW) fell 15.4% to $24.56. Calavo Growers delayed release of its fourth-quarter and FY23 financial results.
- Alector, Inc. (NASDAQ: ...