DJ Enphase Energy Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Enphase Energy Inc. (ENPH) advanced 2.62% to $63.91 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.76% to 5,994.57 and Dow Jones Industrial Average falling 0.28% to 44,421.91.
This was the stock's third consecutive day of gains.
Enphase Energy Inc. closed 54.88% below its 52-week high of $141.63, which the company achieved on June 12th.
The stock outperformed some of its competitors Monday, as Eaton Corp. PLC $(ETN)$ fell 3.38% to $315.41, TE Connectivity PLC $(TEL)$ fell 1.97% to $145.06, and Amphenol Corp. Cl A $(APH)$ fell 0.93% to $70.12.
Trading volume (5.1 M) eclipsed its 50-day average volume of 3.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 3, 2025.
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February 03, 2025 17:21 ET (22:21 GMT)
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