Enphase Energy Shares Fall 15% After Lowering Outlook
Enphase Energy fell short of expectations and lowered its outlook, citing weak residential demand. Shares were down 15% in after-hours trading after closing down nearly 2%, at around $29.76.
By Liz MoyerEnphase Energy shares were slumping in after-hours trading Tuesday after the battery and solar company fell short of expectations and lowered its outlook, citing weak residential demand.The stock was down 15% in after-hours trading after closing down nearly 2%, to around $29.76.The comp…