Why Enphase's Stock Is Up So Much

SOPA Images/LightRocket via Getty ImagesIntroduction Last Wednesday, Enphase's (NASDAQ:ENPH) results came out. To say they were ugly would be an understatement. Bad earnings, bad guidance, and still the stock jumped. The stock is now up 32% compared to last week. Data by YChartsThe question is why, and that's what we explore in this article. Let's start with the results. The Numbers Revenue came in at $302.6 million, down 58% compared to the same quarter last year and a whopping 45% decline from Q3, whi ...