SolarEdge (SEDG) Rises 17.5% as Investors Anticipate Solar Tax Credit Deadline
SolarEdge Technologies Inc. (NASDAQ:SEDG) saw its shares rise by 17.47%, closing at $50.24, driven by investor expectations of increased demand ahead of the solar tax credit deadline on July 4 under the One Big Beautiful Bill Act. The company is expected to benefit from developers rushing projects before eligibility ends.