SolarEdge Technologies (SEDG) stock soared 5.01% in pre-market trading on Wednesday, following the company's release of its first-quarter earnings report. The maker of technology for solar-panel installations demonstrated resilience in the face of ongoing market challenges.

According to the earnings report, SolarEdge reported a narrower-than-expected first-quarter adjusted loss, surpassing analysts' forecasts. This positive surprise has rekindled investor confidence in the company's ability to navigate the current economic landscape.

In a notable development, SolarEdge addressed concerns about the impact of tariffs on its business. The company stated that tariffs would only cut margins by two percentage points, a figure lower than many investors had anticipated. This reassurance has likely contributed to the stock's pre-market rally, as it suggests SolarEdge is well-positioned to maintain profitability despite trade pressures.