Enphase Energy, Inc. Stock News

Solar-tech firm Enphase Energy is the second-worst performer in the S&P 500 since the election. The stock could shine again.

After the United States presidential election results were released for the entire market to see, certain stocks behaved in ways that let all investors know where the next opportunity set might be. While the bulk of the bullish price action centered around the industrial and manufacturing sectors, other stocks experienced sharp sell-offs.

FREMONT, Calif., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, announced today a new do-it-yourself (DIY) permit plan feature on Solargraf®, its cloud-based design, proposal, and permitting software platform for solar installers in the United States. The...

Microinverter maker Enphase aims to “better align its workforce” with its business needs and will incur in up to $20 million in charges related to a restructuring.

Enphase Energy will cut its global workforce by about 17%, impacting about 500 employees and contractors, the solar inverter maker disclosed in a filing on Friday.

Shares of several renewable energy companies traded lower on Wednesday after Donald Trump was declared the winner of the presidential election, affording him a second term in the White House.

Shares of solar companies First Solar Inc (NASDAQ:FSLR), Enphase Energy Inc (NASDAQ:ENPH), and NextEra Energy Inc (NYSE:NEE) are sliding today, following Donald Trump's presidential victory.

Alternative energy stocks tumbled Wednesday after Donald Trump was declared the winner of the U.S. presidential election over Vice President Kamala Harris.