Enphase Energy is trading 8.19% down at $28.83 as U.S. markets sell off. - The S&P 500 is down 2.38% and the Nasdaq is down 3.96%. - Investors are rotating away from technology and growth stocks amid concerns about AI regulation and data-center investment. - No clear Enphase-specific announcement explains the decline. Earlier clean-energy gains were linked to expectations of renewable-energy support after the Democratic sweep, but that prior optimism does not explain this session’s drop.