Enphase Energy stock slides to $44 as CPI looms, insider sale adds to jitters
Enphase Energy shares dropped 8.48% to $44.14 on Thursday, extending a three-day slide and closing 37.64% below their 52-week high. Director Richard Mora sold 1,100 shares this week, according to an SEC filing. The decline came as investors awaited U.S. inflation data and solar stocks broadly fell alongside a wider tech selloff.