Movement Alert｜Navitas Semiconductor Falls 8.34% in Regular Trading, Trading at $13.69

Market Focus

Jul 07

On July 7, Navitas Semiconductor fell 8.34% in regular trading, trading at $13.69/share, with Turnover of $74.47 million.

Within the Semiconductors sector where Navitas Semiconductor belongs, the overall sector showed broad-based weakness. Among individual stocks, Intel down 10.17%, Marvell Technology down 9.40%, Micron Technology down 8.37%, Advanced Micro Devices down 7.51%, NVIDIA down 1.93%.

Navitas Semiconductor Corporation designs, develops, and markets gallium nitride power integrated circuits, silicon carbide, associated high-speed silicon system controllers, and digital isolators used in power conversion and charging. The company's products are used in mobile, consumer, data center, solar, electric vehicle, industrial motor drive, smart grid, and transportation applications.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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