DJ Enphase Energy Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Enphase Energy Inc. (ENPH) shed 1.99% to $64.85 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.71% to 6,013.13 and Dow Jones Industrial Average falling 1.69% to 43,428.02.
This was the stock's second consecutive day of losses.
Enphase Energy Inc. closed 54.21% short of its 52-week high of $141.63, which the company reached on June 12th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Eaton Corp. PLC $(ETN)$ fell 3.71% to $297.37, TE Connectivity PLC $(TEL)$ fell 0.40% to $154.51, and Amphenol Corp. Cl A $(APH)$ fell 2.58% to $67.58.
Trading volume (3.2 M) remained 358,903 below its 50-day average volume of 3.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 21, 2025.
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(END) Dow Jones Newswires
February 21, 2025 17:20 ET (22:20 GMT)
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