SolarEdge Stock Jumped Nearly 50% In A Week. Monday Will Test The Rally
SolarEdge shares jumped 22.93% Friday to $61.76, capping a two-day rally that lifted the stock nearly 50% for the week. Trading volume surged to 14.48 million shares. The company reported Q1 revenue of $310.5 million and forecast Q2 revenue up to $355 million. U.S. markets are closed for the weekend, with the next session set for Monday.