The Ratings Game: Enphase stock drops 25% to lowest in nearly a year as company’s weak guidance spooks Wall Street

by | Apr 26, 2023 | Stock Market

Enphase Energy Inc. stock on Wednesday dropped to its lowest in nearly a year as investors worried that demand headwinds are here to stay. Enphase ENPH shares were the worst performer in the S&P 500 index SPX and the Nasdaq 100 NDX. It was poised to close at its lowest since May 24, when it closed at $162.51, and on pace for largest one-day percent drop June 2020. The…

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