Why SolarEdge Stock Crashed After Earnings

SolarEdge Technologies (NASDAQ: SEDG) stock, the Israeli maker of power inverters for solar panels, short-circuited despite delivering a strong earnings beat last night.Heading into the report, analysts expected SolarEdge to report a loss of $0.02 per share, but the company delivered a pleasant surprise instead: a $0.05 per share profit. Sales likewise didn't disappoint, with SolarEdge edging past a $342 million forecast to report sales of $346.2 million. Despite all this good news, SolarEdge stock sold off today and is down 24.6% through 12:45 p.m. ET. Why?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool