On October 12, Navitas Semiconductor Corp fell 8.07% in regular trading, trading at $9.915 per share, with turnover of $67.89 million. The broader semiconductor products sector was weak, with Micron Technology down 3.32%, NVIDIA down 1.47%, Advanced Micro Devices down 2.82%, Intel down 3.09%, and Marvell Technology down 3.48%.

Navitas Semiconductor Corp designs, develops, and markets gallium nitride power integrated circuits, silicon carbide devices, high-speed silicon system controllers, and digital isolators used in power conversion and charging applications over mobile, consumer, data center, solar, electric vehicle, industrial motor drive, smart grid, and transportation markets. It operates in the United States, Europe, China, and other Asian markets, and is based in Torrance, California.

(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.)