The Ratings Game
Enphase stock worst performer in S&P, Nasdaq; ‘too expensive to wait on recovery’
Enphase Energy Inc. stock on Wednesday dropped to its lowest in nearly a year as investors worried that demand headwinds are here to stay.
Enphase ENPH shares were the worst performer in the S&P 500 index SPX and the Nasdaq 100 NDX. It was poised to close at its lowest since May 24, when it closed at $162.51, and on pace for largest one-day percent drop June 2020.