Enphase Energy stock rises 2.76% and outperforms competitors
Updated
Updated · MarketWatch · May 8
Enphase Energy stock rises 2.76% and outperforms competitors
8 articles · Updated · MarketWatch · May 8
Shares closed at $36.45 on Friday, snapping a two-day losing streak as the S&P 500 gained 0.84% to 7,398.93 and the Dow Jones rose 0.02%.
Enphase beat peers including Eaton, up 0.87%, while TE Connectivity fell 1.84% and Amphenol dropped 6.29% during the broader market rally.
The stock remains 33.03% below its 52-week high of $54.43 reached on May 12, while trading volume of 3.7 million stayed well under its 50-day average of 6.0 million.
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