What’s Next For Enphase Energy Stock After 30% Drop Last Month?

What’s Next For Enphase Energy Stock After 30% Drop Last Month?

Enphase Energy Inc. stock is down 30% in the past month (21 trading days), underperforming the S&P 500 which was roughly unchanged over this period. If you look at the change over the last five and ten days, too, the stock has returned -16% and -20%, respectively, hugely underperforming the broader.