Enphase Energy's Stock Plummets Amidst Weak Guidance and Overreaction.

1 min read
Source: MarketWatch
Enphase Energy's Stock Plummets Amidst Weak Guidance and Overreaction.
Photo: MarketWatch
TL;DR

Enphase Energy's stock dropped 25% to its lowest point in almost a year due to concerns about weakening demand for solar energy in the residential market. Investors are worried that these demand headwinds will continue, causing the stock to be the worst performer in both the S&P 500 and Nasdaq 100 indices.

Share this article

Want the full story? Read the original reporting

Read on MarketWatch