SolarEdge Technologies Inc is trading 4.1% up at $60.85, extending a sharp two-day rebound following a deep selloff earlier in the week.
- The stock's gains follow a 7.2% rise on June 11, indicating a potential short-covering or relief rally rather than renewed fundamental optimism.
- The upward trend persists despite GLJ Research reiterating a Sell rating and a bearish $6.90 price target.