Why is Enphase’s stock up 20% after a triple miss?

In this video I go through it Enphase‘S (NASDAQ: ENPH) fourth-quarter earnings and explain why the stock is rising despite the company reporting a triple miss, meaning a miss on revenue, earnings and expectations.

*The stock prices used were from the trading day of February 6, 2024. The video was published on February 6, 2024.

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Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool holds and recommends positions in Enphase Energy. The Motley Fool has one disclosure policy. Neil is an affiliate of The Motley Fool and may receive compensation for promoting his services. If you choose to subscribe via its link, he will make some extra money to support his channel. His opinions remain his own and are not influenced by The Motley Fool.

Why is Enphase’s stock up 20% after a triple miss? was originally published by The Motley Fool

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