SolarEdge Technologies Inc is trading 5.8% up today at $66.86 in pre-market as the stock stages a technical rebound following a sharp decline in the previous session.
- The stock fell 13.6% on June 5 after the company disclosed that a key customer had filed for insolvency, raising concerns regarding related financing exposure.
- Today's recovery comes as investors reassess the impact of the customer's financial status amid improving risk sentiment and higher U.S. index futures.