Enphase Drops, T-Mobile Falls, JetBlue Lower on Cost Cuts
On this episode of Stock Movers:- Enphase (ENPH) shares drop in the biggest one-day drop since September 2016. Shares of US solar companies fell sharply after Senate Republicans released a bill that would end clean energy tax credits earlier than expected.- T-Mobile (TMUS) shares fall after Softbank sold T-Mobile stake for $4.8 billion. It's the biggest US share sale since TD Bank sold a $13.1 billion stake in Charles Schwab in February. The sale will help fund Softbank's plans to ramp up investments in AI, including plans to put down as much as $30 billion in OpenAI.- JetBlue(JBLU) shares…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.