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Enphase Energy Posts Downbeat Results, Joins Watsco And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
Benzinga·04/23/2025 12:40:52
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U.S. stock futures were higher this morning, with the Dow futures gaining around 700 points on Wednesday.
Shares of Enphase Energy, Inc. (NASDAQ:ENPH) fell sharply in today's pre-market trading after the company reported worse-than-expected quarterly financial results.
Enphase Energy reported first-quarter revenue of $356.1 million, missing the consensus estimate of $361.43 million. The solar company reported adjusted earnings of 68 cents per share, missing analyst estimates of 70 cents per share, according to Benzinga Pro.
Enphase Energy shares dipped 11.5% to $47.22 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
- Gelteq Limited (NASDAQ:GELS) shares dipped 17.7% to $2.3709 in pre-market trading after jumping 211% on Tuesday.
- Forge Global Holdings, Inc. (NYSE:FRGE) shares tumbled 12.1% to $10.38 in pre-market trading after falling 4% on Tuesday.
- NovaGold Resources Inc. (NYSE:NG) fell 10.6% to $3.89 in today's pre-market trading after jumping 40% on Tuesday.
- Akso Health Group (NASDAQ:AHG) dipped 9.4% to $1.2500 in pre-market trading.
- SolarEdge Technologies, Inc. (NASDAQ:SEDG) dipped 7.2% to $12.11 in pre-market trading. SolarEdge Technologies will report financial results for the first quarter before market open on Tuesday, May 6.
- Orla Mining Ltd. (NYSE:ORLA) fell 5.2% to $10.51 in pre-market trading.
- Watsco, Inc. (NYSE:WSO) declined 4.7% to $479.67 in pre-market trading following downbeat first-quarter results.
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① During the campaign period, US stocks, US stocks short selling, US stock options, Hong Kong stocks, and A-shares trading will maintain at $0 commission, and no subscription/redemption fees for mutual fund transactions. $0 fee offer has a time limit, until further notice. For more information, please visit: https://www.webull.hk/pricing
Webull Securities Limited is licensed with the Securities and Futures Commission of Hong Kong (CE No. BNG700) for carrying out Type 1 License for Dealing in Securities, Type 2 License for Dealing in Futures Contracts and Type 4 License for Advising on Securities.
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