DJ Enphase Energy Inc. Stock Rises Monday, Still Underperforms Market
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Shares of Enphase Energy Inc. (ENPH) advanced 1.01% to $62.16 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.76% to 5,767.57 and the Dow Jones Industrial Average rising 1.42% to 42,583.32.
The stock's rise snapped a two-day losing streak.
Enphase Energy Inc. closed 56.11% below its 52-week high of $141.63, which the company achieved on June 12th.
The stock underperformed when compared to some of its competitors Monday, as Eaton Corp. PLC $(ETN)$ rose 2.50% to $302.84, TE Connectivity PLC $(TEL)$ rose 1.92% to $148.98, and Amphenol Corp. Cl A $(APH)$ rose 4.05% to $69.30.
Trading volume (2.1 M) remained 2.2 million below its 50-day average volume of 4.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 24, 2025.
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(END) Dow Jones Newswires
March 24, 2025 17:21 ET (21:21 GMT)
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