NVTS Rises 7% in a Month: How Should Investors Approach the Stock?
NVTSNavitas Semiconductor (NVTS) ZACKS·2024-10-19 00:06

Navitas Semiconductor (NVTS) shares have gained 6.6% in a month, outperforming the broader Zacks Computer and Technology sector's return of 1.8%. Over the same time frame, it has also outperformed the Zacks Electronics- Semiconductors industry and peers, including Cirrus Logic (CRUS) , FormFactor (FORM) and Ambarella (AMBA) . Shares of Cirrus Logic and FormFactor have lost 1.8% and 1.4%, respectively, while Ambarella has gained 3.1% in the same time frame. The industry appreciated 5.1% in a month. This outp ...