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SolarEdge Soars 40% After Impressive Revenue Report Spurs Short Sellers to Reassess

SolarEdge Soars 40% After Impressive Revenue Report Spurs Short Sellers to Reassess
5 months ago

In a remarkable turn of events, shares of SolarEdge Technologies Inc. surged an astonishing 40% following a financial report that surpassed expectations, triggering a wave of short covering among investors. The surge in stock price is primarily attributed to the company's better-than-anticipated revenue figures, which have reignited interest from the market.

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