Enphase Tumbles on Revenue Drop Amid ‘Substantial’ Demand Hit

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Shares of solar equipment-maker Enphase Energy Inc. slumped after the company reported lower revenue amid a “substantial” drop in US and European demand that will likely last into next year.

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Enphase Energy, Coursera, Capital One: After-hours moversShares of Enphase Eergy (ENPH) fell sharply after reporting third quarter results. The solar company issued fourth quarter revenue guidance that fell short...
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