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0.000395726157499073 0.00277008310249309 0.00554016620498617 0.00237435694499415 -0.00277008310249295 -0.00316580925999202 -0.0170162247724574 -0.00395726157499002
Stock impact report

Why Enphase Energy Stock Soared Today [Yahoo! Finance]

Enphase Energy, Inc. (ENPH) 
Last enphase energy, inc. earnings: 2/18 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.enphase.com
Company Research Source: Yahoo! Finance
But an encouraging earnings report and strong guidance have investors seemingly calling a bottom in the stock. Shares rocketed as much as 42% this morning, and remained up by 37% as of 11:30 a.m. ET. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » Enphase said demand for its products was at its "highest level in more than two years." The company also guided investors to expect revenue of between $270 million and $300 million in the current quarter. Wall Street analysts were predicting sales below the low end of that forecast. That helps explain today's market reaction. Yet headwinds remain for the company. Management admitted that the strong demand seen in the fourth quarter was mainly driven by consumers increasing solar system installations ahead of the expiration of a tax credit. While revenue guidance for the first quarter exceeded expectations, it's Show less Read more
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