Your email has been successfully added to our mailing list.

×
0.000414937759336054 0.000414937759336054 0.00207468879668045 -0.0207468879668049 -0.008298755186722 -0.008298755186722 -0.008298755186722 -0.008298755186722
Stock impact report

Why Navitas Semiconductor Stock Is Plummeting Today [Yahoo! Finance]

Navitas Semiconductor Corporation (NVTS) 
Company Research Source: Yahoo! Finance
ET and had been off as much as 21.8% earlier in the daily session. After the market closed yesterday, Navitas published fourth-quarter results that came in below Wall Street's expectations. Making matters worse, tech and artificial intelligence ( AI ) stocks are seeing substantial sell-offs in response to macroeconomic risks and other negative catalysts. Navitas stock sinks on weak Q4 results and forward guidance Navitas posted a loss of $0.21 per share on revenue of $18 million in the fourth quarter, falling short of the consensus Wall Street target's call for a per-share loss of $0.14 on sales of roughly $19 million. Revenue for the period fell 31% year over year, and the company's operating loss expanded to $39 million -- up from a loss of $26.8 million in the prior-year quarter. For the first quarter, Navitas is guiding for sales to come in between $13 million and $15 million, pointing to another big sequential quarterly sales decline. On the other hand, management guided Show less Read more
Impact Snapshot
Event Time:
NVTS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for NVTS alerts
Opt-in for
NVTS alerts

from News Quantified
Opt-in for
NVTS alerts

from News Quantified