2 Solar Stocks Sliding as Tax Bill Moves to Senate
The solar sector is struggling today, after the U.S. House passed a bill this morning to lower taxes and increase military spending, which could also end several green-energy subsidies.Enphase Energy Inc (NASDAQ:ENPH) stock is among those gapping lower, last seen down 14.9% to trade at $40.24. The shares earlier slipped to a more than four-year low, and are pacing for their biggest single-day percentage loss since April 2023. So far this year, ENPH shed over 42%.Options traders are chiming in on ENPH, with ...