NEW
YORK, June 5, 2024 /PRNewswire/ -- The Gross Law
Firm issues the following notice to shareholders of Enphase
Energy, Inc. (NASDAQ: ENPH).
Shareholders who purchased shares of ENPH during the class
period listed are encouraged to contact the firm regarding possible
lead plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/enphase-energy-inc-loss-submission-form-2/?id=82732&from=4
CLASS PERIOD: February 7,
2023 to April 25, 2023
ALLEGATIONS: According to the complaint, on April 25, 2023, Enphase issued a press release
announcing its first quarter earnings. In pertinent part,
defendants announced revenue in the
United States had decreased by approximately 9% attributing
it to macroeconomic conditions. Additionally, defendants put out a
weak second quarter outlook for 2023 where revenue was estimated to
be within the range of $700 million
to $750 million. Following this news,
the price of Enphase's common stock declined dramatically.
From a closing market price of $220.60 per share on April
25, 2023, Enphase's stock price fell to $163.83 per share on April
26, 2023, a decline of nearly 26% in the span of just a
single day.
DEADLINE: July 29, 2024
Shareholders should not delay in registering for this class action.
Register your information here:
https://securitiesclasslaw.com/securities/enphase-energy-inc-loss-submission-form-2/?id=82732&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of ENPH during the timeframe
listed above, you will be enrolled in a portfolio monitoring
software to provide you with status updates throughout the
lifecycle of the case. The deadline to seek to be a lead plaintiff
is July 29, 2024. There is no cost or
obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross Law
Firm is committed to ensuring that companies adhere to responsible
business practices and engage in good corporate citizenship. The
firm seeks recovery on behalf of investors who incurred losses when
false and/or misleading statements or the omission of material
information by a company lead to artificial inflation of the
company's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE Gross Law Firm