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Stocks making the biggest moves midday: SolarEdge Technologies, Pool Corp, Carnival and more

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These are the stocks posting the largest moves in midday trading.

Check out the companies making headlines in midday trading. SolarEdge Technologies – Shares of the company tumbled more than 20% following the announcement that it'll offer $300 million worth of convertible notes due 2029. The company also revealed in an SEC filing on Monday that a customer won't be able to pay about $11.4 million that it owes after filing for bankruptcy.

The firm believes its current valuation is "appropriate" and sees upside being capped around $20 a share. The stock has surged more than 14% in one month. Airbus – The stock was down more than 9% in France after the company announced it was slashing its financial targets for 2024. Airbus said Monday that it's expecting lower earnings and fewer commercial aircraft to be delivered this year.

 

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