BUZZ-Enovix drops after CFO steps down

Reuters
2024-12-17
BUZZ-Enovix drops after CFO steps down

** Shares of battery maker Enovix ENVX.O fall 5.9% to $8.45

** ENVX says CFO Farhan Ahmad has left the company and that co is searching for a replacement

** Ahmad said on LinkedIn he is joining chipmaker Intel INTC.O as CFO of Client Computing Group $(CCG)$ in January

** Intel shares up 3.5% to $21.06

** Including sessions move, ENVX had fallen 32.9% YTD

(Reporting by Harshita Mary Varghese in Bengaluru)

((HarshitaMary.Varghese@thomsonreuters.com))

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