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Solar-Power Stocks Tumble After SolarEdge Warns of Slowing Installations

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Updated 2 hours ago

Solar-Power Stocks Tumble After SolarEdge Warns of Slowing Installations

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href=”https://www.wsj.com/news/author/anna-hirtenstein” target=”_blank” class=”ekruv532 css-stg1b3-HedCut” rel=”noopener”>Anna Hirtenstein hedcut

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Anna Hirtenstein

, Reporter

Solar stocks dropped after SolarEdge Technologies (SEDG), a U.S.-listed and Israel-based equipment maker, said clients in Europe had been “much slower” to install its equipment recently.

SolarEdge stock plunged around 26%, making it the worst performer in the S&P 500.

Rival Enphase Energy (ENPH) dropped about 13%. It was the second -biggest decliner in the S&P 500.

SunRun (RUN) fell more than 4% and SunPower (SPWR) lost around 8%.

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