Why SolarEdge Shares Are Trading Lower By 12%? Here Are Other Stocks Moving In Monday's Mid-Day Session

Shares of SolarEdge Technologies, Inc. SEDG fell sharply during Monday's session after the company announced a workforce reduction.

SolarEdge disclosed a decision to lay off 400 employees. The company stated that 200 of these job cuts are in Israel. The action involves reducing headcount and discretionary spending across all departments.

SolarEdge Technologies shares dipped 12.2% to $27.77 on Monday.

Here are some other stocks moving in today’s mid-day session.

Gainers

• Autonomix Medical, Inc. AMIX shares climbed 148% to $1.4850 after the company entered into an agreement with RF Innovations to license intellectual property for its Apex 6 Radiofrequency Generator.
• AEON Biopharma, Inc. AEON gained 72% to $2.41.
• Cyngn Inc. CYN gained 65% to $9.90.
• DatChat, Inc. DATS shares jumped 65% to $1.75.
• Scinai Immunotherapeutics Ltd. SCNI shares climbed 61% to $6.53 after the company announced in-vivo preclinical study results of NanoAb.
• American Rebel Holdings, Inc. AREB gained 44.5% to $0.7514.
• Trump Media & Technology Group Corp. DJT rose 32.8% to $41.03 following the attempted assassination of Donald Trump. The company's CEO Devin Nunes issued the following statement in response to the attempted assassination of President Donald J. Trump, “I offer my deepest sympathies to the family of the rally goer killed in Butler, Pennsylvania, and to those who were wounded. I thank God President Trump survived the assassination attempt and is now safe.”
• MIRA Pharmaceuticals, Inc. MIRA shares gained 28.3% to $0.7632 after the company said testing confirmed MIRA’s preliminary beliefs regarding potential treatment for neurological and neuropsychiatric disorders.
• QXO, Inc. QXO gained 23.5% to $61.17.
• Innodata Inc. INOD shares climbed 22.1% to $20.66. Maxim Group analyst Allen Klee initiated coverage on Innodata with a Buy rating and announced a price target of $30.
• BitFuFu Inc. FUFU rose 20.3% to $5.16 after Bitcoin rose above $62,000.
• Humacyte, Inc. HUMA climbed 19% to $8.32 after the Pluristyx announced a license agreement with the company.
• AMMO, Inc. POWW gained 17.5% to $1.95. Shares of prison and firearm stocks traded higher following the attempted assassination of Donald Trump, which has lifted stocks that could benefit from a Trump presidency on Monday.
• Aurora Innovation, Inc. AUR climbed 15.6% to $4.28.
• Algoma Steel Group Inc. ASTL gained 13.7% to $8.35.
• Hut 8 Corp. HUT gained 13% to $19.17 after Bitcoin rose above $62,000.
• MicroStrategy Incorporated MSTR rose 11.5% to $1,556.89 amid a rise Bitcoin.
• Coinbase Global, Inc. COIN gained 11.2% to $242.51 after Bitcoin rose above $62,000.
• Upstart Holdings, Inc. UPST climbed 10.3% to $29.91.
• Tesla, Inc. TSLA gained 6% to $263.03 possibly after CEO Elon Musk endorsed former President Trump on X after the attempted assassination. In response to the attack, Trump-adjacent stocks are rising on Monday.

Losers

• ASLAN Pharmaceuticals Limited ASLN shares fell 45.7% to $1.3687 after the company announced receipt of Nasdaq delisting determination.
• Kazia Therapeutics Limited KZIA shares tumbled 28% to $0.6387.
• Locafy Limited LCFY dipped 25.9% to $4.1401.
• Lexeo Therapeutics, Inc LXEO fell 25.1% to $13.18 after the company reported interim Phase 1/2 clinical data of LX2006 for the treatment of friedreich ataxia cardiomyopathy.
• NaaS Technology Inc. NAAS declined 25% to $3.1845.
• Qualigen Therapeutics, Inc. QLGN dipped 21% to $0.3436 after jumping 109% on Friday.
• Catheter Precision, Inc. VTAK fell 18.5% to $3.12. Catheter Precision announced effectiveness of 1-for-10 reverse stock split.
• Sequans Communications S.A. SQNS dipped 17.3% to $0.4733.
• Vicinity Motor Corp. VEV shares fell 17.1% to $0.5912. Vicinity Motor shares surged around 111% on Friday after the company announced CARB certification for the VMC 1200 class 3 electric truck.
• Logistic Properties of the Americas LPA fell 17.1% to $15.26 after surging 88% on Friday.
• Moolec Science SA MLEC fell 16.6% to $0.86. Moolec signed an offtake agreement with a major global CPG company to hit the US market in 2025.
• AgriFORCE Growing Systems Ltd. AGRI shares fell 14.5% to $0.0854 after rising around 22% on Friday.
• Eastside Distilling, Inc. EAST shares dipped 14.3% to $1.0199.
• Macy’s, Inc. M fell 13.3% to $16.55 after the company announced the termination of discussions with Arkhouse and Brigade.
• TDH Holdings, Inc. PETZ shares fell 12.7% to $1.45 after jumping 16% on Friday.
• Sunrun Inc. RUN shares declined 11.4% to $15.24 after gaining around 7% on Friday.
• Lucid Group, Inc. LCID fell 10.5% to $3.8012. Cantor Fitzgerald analyst Andres Sheppard reiterated Lucid with an Underweight and maintained a $4 price target.
• Sunnova Energy International Inc. NOVA fell 10% to $6.91 following the attempted assassination of Donald Trump, which has pressured stocks that could be impacted from a Trump presidency.
• The AES Corporation AES fell 9.9% to $17.01. declared a quarterly common stock dividend of 17.25 cents per share.
• Canadian Solar Inc. (NASDAQ:  CSIQ) dipped 8.6% to $15.79.
• Rackspace Technology, Inc. RXT fell 7.7% to $2.3150.
• First Solar, Inc. FSLR fell 6.6% to $217.76. Shares of solar stocks traded lower following the attempted assassination of Donald Trump, which has pressured stocks that could be impacted from a Trump presidency on Monday.
• NIO Inc. NIO shares fell 5.8% to $4.5869. Shares of Chinese stocks traded lower after China reported softer-than-expected Q2 GDP growth.

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