Shares of Enphase Energy Inc. ENPH rallied 1.51% to $45.75 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 2.03% to 5,484.77 and the Dow Jones Industrial Average DJIA rising 1.23% to 40,093.40.

Enphase stock plunged Wednesday after the solar technology company missed on both top and bottom lines in its latest earnings report and said tariffs would hit margins in the current quarter. Shares plunged more than 11% to $47.

Enphase Energy, Inc. ENPH reported first-quarter 2025 adjusted earnings of 68 cents per share, which increased 94.3% from 35 cents reported in the prior-year quarter. However, the bottom line missed the Zacks Consensus Estimate of 71 cents by 4.