Solar stocks slip after SolarEdge's dour revenue forecast

SunPower

21/02/2024 11:26

** Shares of U.S. solar stocks fall before the bell,
tracking downbeat revenue forecast from solar inverter maker
SolarEdge Technologies  SEDG.O 
    ** SEDG forecasts Q1 revenue below estimates; shares drop
15.9% premarket
    ** Solar equipment maker Enphase Energy  ENPH.O  down 3.5%,
solar firm Sunrun  RUN.O  off 3.7%
     ** Residential solar firm Sunnova Energy  NOVA.N  falls
2.9% in light trading, SunPower  SPWR.O  slips 1.2%
    ** Solar panel makers First Solar  FSLR.O  and U.S.-listed
shares of Maxeon Solar Technologies  MAXN.O  dip 1.8% and 2.0%,
respectively

 (Reporting by Shristi Achar A in Bengaluru)
 ((Shristi.AcharA@thomsonreuters.com
https://twitter.com/ShristiAchar;))