This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Enphase Energy Inc. slid 6.3% to $57.33 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.6% to 5,954.50 and the Dow Jones Industrial Average rising 1.4% to 43,840.91.
This was the stock's fourth consecutive day of losses.
Enphase Energy Inc. closed 59.5% 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, as Eaton Corp. PLC rose 1.0% to $293.32, TE Connectivity PLC rose 1.5% to $154.03, and Amphenol Corp. Cl A rose 1.74% to $66.60.
Trading volume totaled 18.3 million, compared to the 50-day average of 3.7 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
February 28, 2025 16:33 ET (21:33 GMT)
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