Solar ETFs Shine After Enphase’s Record Quarterly Results
July 28, 2022 at 13:54 PM EDT
Enphase Energy Inc. (NasdaqGS: ENPH) shares jumped Wednesday, lifting solar sector-related exchange traded funds, after reporting record quarterly revenue and higher profits. On Wednesday, the Invesco Solar ETF (NYSEArca: TAN) advanced 6.0% and the Global X Solar ETF (RAYS) increased 6.4%, with both solar ETFs trading above their long-term resistance at the 200-day simple moving [...] The post Solar ETFs Shine After Enphase’s Record Quarterly Results appeared first on ETF Trends .
