Content deleted Content added
No edit summary |
Maxie.1980 (talk | contribs) m Added context to the introduction and moved a paragraph to the history section. Tag: Reverted |
||
Line 33:
'''SolarEdge Technologies, Inc.''' is a company that developed a DC optimized inverter system.
SolarEdge Technologies Inc. provides solar power optimization and photovoltaic monitoring solutions. The Company offers optimizers, inverters, monitoring equipment, tools, and accessories for power harvesting, conversion, and efficiency. SolarEdge Technologies serves customers worldwide. <ref>https://www.bloomberg.com/profile/company/SEDG:US</ref> The company has developed an extensive product portfolio with solutions that include energy storage, electric vehicle charging, and supporting software tools. <ref>https://www.marketwatch.com/investing/stock/sedg/company-profile</ref>
In 2023, SolarEdge is critically noted for losing over 70% of its market value, also being the worst performing stock according to many critics, becoming the most losing stock in the S&P 500 for the year, which resulted in its delisting from the index. <ref>{{cite web |last1=Mustaki |first1=Adiel Eithan |title=SolarEdge slides out of S&P 500 after losing over 70% of value this year |date=3 December 2023 |url=https://www.calcalistech.com/ctechnews/article/rk6ucjysa}}</ref> As of 2024, SolarEdge plunged nearly 15% by 10:30 a.m., making the stock worth 25$~ far fetched from their all-time-high of 300$ <ref>{{cite news |url=https://www.investopedia.com/solaredge-technologies-stock-plunges-on-customer-bankruptcy-8668713 |title=SolarEdge Technologies Stock Plunges on Customer Bankruptcy }}</ref>▼
== History ==
Line 49:
Following a battle with cancer, founder Guy Sella died in 2019. Former vice president of global sales Zvi Lando, was appointed as CEO.<ref>{{Cite news |last=Martín |first=José Rojo |date=August 27, 2019 |title=SolarEdge CEO Guy Sella dies after cancer battle |work=Energy Storage News |url=https://www.energy-storage.news/news/solaredge-ceo-guy-sella-dies-after-cancer-battle |url-status=dead |archive-url=https://web.archive.org/web/20190827212629/https://www.energy-storage.news/news/solaredge-ceo-guy-sella-dies-after-cancer-battle |archive-date=August 27, 2019}}</ref>
▲In 2023, SolarEdge is critically noted for losing over 70% of its market value, also being the worst performing stock according to many critics, becoming the most losing stock in the S&P 500 for the year, which resulted in its delisting from the index. <ref>{{cite web |last1=Mustaki |first1=Adiel Eithan |title=SolarEdge slides out of S&P 500 after losing over 70% of value this year |date=3 December 2023 |url=https://www.calcalistech.com/ctechnews/article/rk6ucjysa}}</ref> As of 2024, SolarEdge plunged nearly 15% by 10:30 a.m., making the stock worth 25$~ far fetched from their all-time-high of 300$ <ref>{{cite news |url=https://www.investopedia.com/solaredge-technologies-stock-plunges-on-customer-bankruptcy-8668713 |title=SolarEdge Technologies Stock Plunges on Customer Bankruptcy }}</ref>
== See also ==
| |||