On September 24, Vicor fell 5.12% in regular trading, trading at approximately $268.86 per share, with turnover of $42.14 million. The decline came amid broad-based selling across the Electrical Components & Equipment sector.
The pullback followed a sharp rally earlier in the week. Vicor had surged after announcing on September 22 that it was raising its third-quarter sequential revenue growth guidance from approximately 10% to over 20%, driven by royalties from a newly signed non-exclusive license of its Vertical Power Delivery technology to a leading AI OEM. The company's second-quarter results had also significantly outperformed, with EPS of $1.04 versus consensus expectations of $0.64, revenue of $143.4 million, and backlog surging 145% year-over-year on robust AI power demand.
Within the Electrical Components & Equipment sector, stocks declined broadly. Vertiv Holdings LLC fell 2.83%, Eaton Corp dropped 0.81%, Generac declined 1.80%, nVent Electric fell 1.92%, and Eos Energy Enterprises slid 6.84%.
(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.)