Enphase Stock Ends Volatile Week With New Signal for Solar Sector
Enphase Energy closed out a volatile four-day week with shares slipping 1.64% to $68.36 on Friday. Volume was above its 50-day average. The stock fell for a second day but is still up about 6.8% from last Friday’s $64.03 finish. Traders are trying to figure out two things with this move: sluggish U.S. residential solar demand and a fresh power gear story linked to AI data centers. Nasdaq stayed shut Monday for Memorial Day, and since normal session hours are Monday through Friday, Saturday doesn't see trading.