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March 16, 2023With the session well underway, markets are broadly higher while SolarEdge Technologies, Inc., Shoals Technologies Group, Inc., Sunrun Inc. are slipping. Here are the top losers:
Today's session is well on its way: markets are up including news that S&P 500 up to 3,949, gaining 1.46%. Nasdaq goes up 2.02%, trading at 11,665.
Despite the markets climbing yesterday, some technology stocks are currently down. Take a look at the Top Losers:
Losing streak continues: Shoals Technologies lost 3.83% and reaches $19.33 adding to its 6th straight day of drops
More of the same today: Shoals Technologies Group, Inc. is down to $19.33, after ending yesterday at $20.1. Overall, a 3.83% loss or 77 cents today. Shoals Technologies is currently trading with a market cap of $3.24 billion with an average daily volume of 3.88 million shares.
-5.83%: SolarEdge Technologies currently down 5.83% halfway through today
SolarEdge Technologies is down to $288.56, after ending yesterday at $306.43. Overall, a 5.83% loss or $17.88 today. SolarEdge Technologies's market cap currently stands at $16.20 billion with an average daily volume of 1.22 million shares. So far this year, it has been outperforming the Nasdaq by 4.16%.
Sunrun | -3.51% in mid-session
The photovoltaic solar energy firm has shed 34.26% over the past three months. So far this year, it has been under-performing the Nasdaq by 16.78%. The company's market cap currently stands at $4 billion with an average daily trading volume of 9 million shares. Sunrun last reported revenue of $609.15 million with an EPS of 29 cents.
