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0.0136982191780823 0.00317808219178089 -0.00275342465753423 -0.00683561643835618 -0.00410958904109589 0.0205753424657534 0.0198630136986301 0.0112031506849316
Stock impact report

Why Navitas Semiconductor Rallied Today [Yahoo! Finance]

Avis Budget Group, Inc. (CAR) 
Last avis budget group, inc. earnings: 2/19 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.avisbudgetgroup.com
Company Research Source: Yahoo! Finance
Navitas' move higher was all the more notable, as the major indexes were down on the day at that time. Will AI create the world's first trillionaire? Our team just released a report on a little-known company, called an "Indispensable Monopoly," providing the critical technology Nvidia and Intel both need. Continue » While there wasn't any company-specific news today, Navitas appears to have become one of the new cohort of meme stocks . Many members of the new meme stock lineup are up today, as traders apparently seek off-the-radar trades. But unlike newer meme stocks such as Avis Budget Group (NASDAQ: CAR) or Beyond Meat (NASDAQ: BYND) , Navitas has the potential for real AI-related growth, even if that growth has yet to materialize. Navitas defying the shorts As of March 31, 18.8% of Navitas' shares outstanding and 25.1% of its public float were sold short . That amount of the stock being sold short certainly sets up the possibility for a squeeze should anything go Navit Show less Read more
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