DJ Enphase Energy Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Enphase Energy Inc. (ENPH) slid 2.33% to $61.12 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.27% to 6,051.97 and Dow Jones Industrial Average falling 0.50% to 44,368.56.
This was the stock's fourth consecutive day of losses.
Enphase Energy Inc. closed 56.85% 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 Wednesday, as Eaton Corp. PLC $(ETN)$ fell 2.09% to $309.88, TE Connectivity PLC $(TEL)$ fell 1.59% to $146.49, and Amphenol Corp. Cl A $(APH)$ fell 0.31% to $69.73.
Trading volume (4.5 M) eclipsed its 50-day average volume of 3.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 12, 2025.
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February 12, 2025 17:22 ET (22:22 GMT)
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