SolarEdge Stock Dims on C-Suite Shakeup

SolarEdge Technologies Inc (NASDAQ:SEDG) is reversing a 6% premarket lead, last seen down 5.8% at $27.17 following news that CEO Zvi Lando is stepping down from his position. Lando will be replaced in the interim by Ronen Faier -- previously the solar firm's CFO -- effective immediately. SolarEdge stock is rebounding form an Aug. 8 dip to$19.81, or its lowest level since the summer of 2016. Adding 14.9% on Friday, SEDG is on track to keep its head above recent support at its 30-day moving average, which ac ...