This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Enphase Energy Inc. plunged 15.6% to $45.07 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.7% to 5,375.86 and the Dow Jones Industrial Average rising 1.1% to 39,606.57.
Enphase Energy Inc. closed 68.2% short of its 52-week high of $141.63, which the company reached on June 12th.
The stock underperformed when compared to some of its competitors, as Eaton Corp. PLC rose 3.3% to $275.66, TE Connectivity PLC rose 2.0% to $136.06, and Amphenol Corp. Cl A rose 8.21% to $71.15.
Trading volume totaled 23.3 million, compared to the 50-day average of 4.2 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
April 23, 2025 16:32 ET (20:32 GMT)
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