** SolarEdge Technologies' SEDG.O shares rise 1.7% to $16.81 premarket
** Co names Asaf Alperovitz as chief financial officer, effective immediately
** Alperovitz will succeed Ariel Porat
** SEDG says Porat has taken a personal decision to step down
** Alperovitz previously served as the CFO of Delta Galil, an Israeli textile firm
** SolarEdge earlier this year said it would lay off 400 employees globally, its fourth job-cut announcement since 2024
** As of last close, shares were up 21.25% YTD
(Reporting by Katha Kalia in Bengaluru)
((Katha.Kalia@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.