🥇 First rule of investing? Know when to save! Up to 55% off InvestingPro before BLACK FRIDAYCLAIM SALE

After-hours movers: SolarEdge plunges on Q3 warning, takes other solar stocks with it

EditorRachael Rajan
Published 19/10/2023, 22:56
© Reuters.
ISRG
-
SPWRQ
-
FSLR
-
LDOS
-
KNX
-
ENPH
-
SEDG
-
RUN
-
HPE
-
NOVA
-
ARQT
-
AMWL
-

After-Hours Stock Movers:

American Well Corp (NYSE:AMWL23% HIGHER; Amwell and Leidos (LDOS) was recently awarded a next-generation contract to provide a hybrid care technology platform designed to power the Digital First transformation of the Military Health System (MHS).

SolarEdge Technologies (NASDAQ:SEDG) 20% LOWER; Third quarter revenue is now expected to be in the range of $720 million to $730M, compared to the previous expectation of $880M to $920M.

Enphase Energy, Inc. (NASDAQ:ENPH) 14% LOWER; falls following SolarEdge's Q3 warning

Knight Transportation (NYSE:KNX) 14% HIGHER; reported Q3 EPS of $0.41, $0.05 better than the analyst estimate of $0.36. Revenue for the quarter came in at $2.02 billion versus the consensus estimate of $1.9B.

Arcutis Biotherapeutics, Inc. (NASDAQ:ARQT) 9% LOWER; announced the commencement of an underwritten public offering of $100.0M of shares of its common stock.

Intuitive Surgical (NASDAQ:ISRG) 8% LOWER; reported Q3 EPS of $1.46, $0.04 better than the analyst estimate of $1.42. Revenue for the quarter came in at $1.74B versus the consensus estimate of $1.77B.

Sunnova Energy International Inc (NYSE:NOVA) 7% LOWER; falls following SolarEdge's Q3 warning.

Sunrun Inc (NASDAQ:RUN) 7% LOWER; falls following SolarEdge's Q3 warning.

SunPower Corporation (NASDAQ:SPWR) 6% LOWER; falls following SolarEdge's Q3 warning

First Solar, Inc. (NASDAQ:FSLR) 5% LOWER; falls following SolarEdge's Q3 warning

Hewlett Packard Enterprise (NYSE:HPE) 4% LOWER; sees FY24 non-GAAP diluted net EPS of between $1.82 and $2.02, versus the consensus of $2.14

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.