Enphase Plunges as Prices for Rooftop Solar Components Slide

Updated on
  • Sales in fourth quarter expected to decline up to 40%
  • Enphase seen losing spot as No. 1 supplier to U.S. market

Enphase Energy Inc. fell the most on record as increasing competition prompted the maker of components for rooftop solar systems to cut prices by 19 percent and forecast declining sales.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.