Navitas Stock Up 9% Pre-Market After U.S. Army SiC Award
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9 Articles
Navitas Stock Up 9% Pre-Market After U.S. Army SiC Award
Navitas Semiconductor Corporation (NASDAQ: NVTS) shares remained up double digits in Tuesday pre-market trading after a sharp after-hours rally following Monday’s post-close announcement that the U.S. Army selected the company for the ALATTIS program.Visit Website
The Navitas Semiconductor (NVTS) shares closed the session on 28 September at $11.73, down by 3.85%. A few hours later, the title jumped 20% in after-market, according to Yahoo Finance. The push came from the selection of Navitas for a program of the US Army on 10 kV silicon carbide semiconductors [...]
Navitas Semiconductor stock surges 20% after-hours on Army contract news
Navitas Semiconductor Corporation stock closed Monday at $11.73, down 3.85%, extending a weeks-long technical downtrend . However, shares surged roughly 20% after-hours on news that Navitas had been selected for a U.S. Army-backed program to develop next-generation 10 kV silicon carbide devices for...
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