Why Enphase Energy Surged 22% in February

Shares of Enphase Energy (ENPH -1.85%) soared 22% in February, according to data provided by S&P Global Market Intelligence. The energy technology company's fourth-quarter results helped power the surge in its stock price. While revenue and earnings declined sharply, the company believes a bottom is near. Approaching a bottomEnphase's revenue fell to $302.6 million during the fourth quarter, down from $551 million in the third quarter and $724.7 million during the year-ago period. Earnings declined to $0.15 ...