Enphase Energy, Inc. - Common Stock (ENPH)

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Enphase is an in-demand business that profits and buys back shares, but it isn't enough to break the stock out of its downtrend. Here's why.

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Enphase Energy Inc (NASDAQ:ENPH) shares are falling Wednesday after the company reported worse-than-expected financial results for the first quarter. Multiple analysts also lowered price targets following the print.

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Discover the top S&P500 movers in Wednesday's pre-market session and stay informed about market dynamics.

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Enphase Energy reports first-quarter revenue of $356.1 million, missing the consensus estimate of $361.43 million.