Why Enphase Energy Stock Popped Today

Enphase Energy (NASDAQ: ENPH) stock is up 4% as of 2:30 p.m. EST after the solar microinverter maker announced the launch of its Enphase Installer Network in Australia this morning.

The EIN, says Enphase, recognizes "a network of trusted installers that deliver exceptional homeowner experiences using Enphase products and is designed to help Enphase installers grow their business with a range of innovative digital tools and exclusive benefits."

Image source: Getty Images.

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Source Fool.com