This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Enphase Energy Inc. surged 12.2% to $49.05 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.6% to 5,663.94 and the Dow Jones Industrial Average rising 0.6% to 41,368.45.
The stock's rise snapped a three-day losing streak.
Enphase Energy Inc. closed 65.4% short of its 52-week high of $141.63, which the company reached on June 12th.
The stock outperformed some of its competitors, as Eaton Corp. PLC rose 1.6% to $307.04, TE Connectivity PLC rose 1.6% to $152.12, and Amphenol Corp. Cl A fell 0.32% to $80.58.
Trading volume totaled 10.3 million, compared to the 50-day average of 4.8 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
May 08, 2025 16:33 ET (20:33 GMT)
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