Why Enphase Energy Stock Soared Today

Enphase Energy stock may have bottomed -- for now.Shares of solar energy technology company Enphase Energy (ENPH +37.02%) are soaring today. Enphase stock had been on a gradual, but steady descent over the past three years, dropping 77% in that time. But an encouraging earnings report and strong guidance have investors seemingly calling a bottom in the stock. Shares rocketed as much as 42% this morning, and remained up by 37% as of 11:30 a.m. ET. Solar headwinds remainEnphase said demand for its products w ...