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0.00782778864970646 0.00889432485322892 0.0117416829745596 0.0117416829745596 0.0117416829745596 0.0117416829745596 0.0117416829745596 0.0117416829745596
Stock impact report

Navitas Semiconductor (NVTS) Soars 12.6% on Bargain-Hunting [Yahoo! Finance]

Navitas Semiconductor Corporation (NVTS) 
Company Research Source: Yahoo! Finance
Navitas rallied for a third day on Tuesday, jumping 12.60 percent to finish at $10.19 apiece as investors continued to bargain-hunt from last week's one-month low. Tuesday's rally, on the other hand, was supported by a broader market optimism and renewed confidence for the artificial intelligence sector, despite the lack of fresh company-specific developments to spark buying appetite. Navitas Semiconductor Corp. (NASDAQ:NVTS) develops ultra-efficient gallium nitride (GaN) semiconductors for electric vehicles, data centers, consumer electronics, and renewable energy, among others. For the fourth quarter of 2025, Navitas Semiconductor Corp. (NASDAQ:NVTS) expects to rake in revenues of $7 million at the midpoint, significantly lower than the $18 million in the same period last year. The outlook reflects its strategic decision to deprioritize low power and pivot to higher power revenue and customers, streamline its distribution network and reduce channel inventory, as well as low Show less Read more
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