Tag: Solar Panels

Enphase Energy shares were slumping in premarket trading Wednesday after the battery and solar company fell short of expectations and lowered its outlook, citing weak residential demand.

Enphase Energy (ENPH) stock was getting a much-needed boost on Wednesday after the solar equipment maker’s fourth-quarter earnings and revenue. beat expectations.

Solar stocks are falling on fears that Trump’s second term would spell trouble for the Inflation Reduction Act, which has fueled a clean energy boom in the U.S. through tax credits to expand solar energy.