Enphase Shares Fall About 17% to Six-Year Low After Weak Results
Enphase shares fell about 17% on Wednesday to their lowest level in six years after a weak third-quarter report and cautious fourth-quarter guidance.
Enphase Energy (ENPH) share price tumbled about 17% on Wednesday to its lowest in six years following a series of target price cuts from top Wall Street banks following a weak Q3 earnings report and a cautious fourth-quarter guidance.While most Wall Street firms lowered their price targets followin…