After-hours movers: SolarEdge plunges on Q3 warning, takes other solar stocks with it

After-Hours Stock Movers:

Amwell (NYSE: AMWL) 23% HIGHER; Amwell and Leidos (NYSE: LDOS) was recently awarded a next-generation contract to provide a hybrid care technology platform designed to power the Digital First transformation of the Military Health System (MHS).

SolarEdge Technologies (NASDAQ: SEDG) 20% LOWER; Third quarter revenue is now expected to be in the range of $720 million to $730 million, compared to the previous expectation of $880 million to $920 million.

Enphase Energy, Inc. (NASDAQ: ENPH) 14% LOWER; falls following SolarEdge's Q3 warning

Knight Transportation (NYSE: KNX) 14% HIGHER; reported Q3 EPS of $0.41, $0.05 better than the analyst estimate of $0.36. Revenue for the quarter came in at $2.02 billion versus the consensus estimate of $1.9 billion.

Arcutis Biotherapeutics, Inc. (Nasdaq: ARQT) 9% LOWER; announced the commencement of an underwritten public offering of $100.0 million of shares of its common stock.

Intuitive Surgical (NASDAQ: ISRG) 8% LOWER; reported Q3 EPS of $1.46, $0.04 better than the analyst estimate of $1.42. Revenue for the quarter came in at $1.74 billion versus the consensus estimate of $1.77 billion.

Sunnova Energy International Inc. (NYSE: NOVA) 7% LOWER; falls following SolarEdge's Q3 warning.

Sunrun Inc. (NASDAQ: RUN) 7% LOWER; falls following SolarEdge's Q3 warning.

SunPower Corporation (NASDAQ: SPWR) 6% LOWER; falls following SolarEdge's Q3 warning

First Solar, Inc. (NASDAQ: FSLR) 5% LOWER; falls following SolarEdge's Q3 warning

Hewlett Packard Enterprise (NYSE: HPE) 4% LOWER; sees FY24 non-GAAP diluted net EPS of between $1.82 and $2.02, versus the consensus of $2.14

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