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Also higher was Enphase Energy (ENPH), which gained 13% after it was chosen by Sunpro Solar to be its exclusive inverter supplier.
On CNBC's "Mad Money Lightning Round," Jim Cramer advised his viewer to sell half of a position in Enphase Energy Inc (NASDAQ: ENPH).
In addition, Shen views the news as a meaningful positive for Enphase (ENPH) given its exclusive relationship with SunPower, and says Enphase could benefit from increased volumes ahead.
Additionally, the company said that the shares will begin trading on the NASDAQ Global Market under the ticker symbol ENPH as of 30 March 2012.
* Enphase Energy (NASDAQ: ENPH) shares hit $35.10 on Thursday morning, setting a new 52-week high for a change of down 2.41%.
on Chinese imports are an incremental negative for solar inverter companies with owned and/or outsourced manufacturing capacity in China, such as SolarEdge (SEDG) and Enphase Energy (ENPH).
* Enphase Energy (NASDAQ: ENPH) stock hit a yearly high price of $34.64.
Enphase Energy (ENPH) and SunPower (SPWR) announced that Enphase has completed the previously announced acquisition of SunPower's microinverter business for a total of $25M in cash and 7.5 M shares of Enphase common stock.
* Enphase Energy (NASDAQ: ENPH) shares achieved a new 52-week high on Monday morning, hitting $32.90 with a daily change of up 2.31%.
Given that, he does not believe imported inverters from Enphase Energy (ENPH), SolarEdge (SEDG) and others will be subject to 301 tariffs.
He does not believe imported inverters from Enphase Energy (ENPH), SolarEdge (SEDG) and others will be subject to 301 tariffs, though he notes that solar cells and modules will continue to be impacted by the Section 201 and AD/CVD tariffs.
(NASDAQ: ENPH) shares decreased by 3.0% today to $30.90.
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- Enoxaparin MaxEPA
- Enoxaparin sodium
- Enoxaparin sodium
- Enoyl CoA hydratase
- enoyl hydrase
- Enoyl-ACP reductase
- enoyl-ACP reductase (NADPH)
- enoyl-ACP reductase NADPH
- Enoyl-acyl carrier protein reductase
- Enoyl-CoA hydratase
- enoyl-CoA reductase
- Enpresen Zuzendaritzako Nazioarteko Institutua