Enphase Energy Inc. Stock Sheds 4.2%, Underperforms Market

Dow Jones03-26

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Enphase Energy Inc. shed 4.2% to $60.15 on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.1% to 5,712.20 and Dow Jones Industrial Average falling 0.3% to 42,454.79.

The stock's fall snapped a two-day winning streak.

Enphase Energy Inc. closed 57.5% below its 52-week high of $141.63, which the company achieved on June 12th.

The stock demonstrated a mixed performance when compared to some of its competitors, as Eaton Corp. PLC fell 4.8% to $285.52, TE Connectivity PLC fell 0.7% to $149.74, and Amphenol Corp. Cl A fell 2.75% to $67.58.

Trading volume totaled 2.4 million, compared to the 50-day average of 4.3 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 26, 2025 16:35 ET (20:35 GMT)

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