Reported 28 days ago
Enovix Corporation (NASDAQ:ENVX) faced significant losses, dropping 20.11% to close at $10.7 per share, amidst a broadly pessimistic market. Despite a 79% reduction in its net loss and a 98% revenue increase in Q2, investors are selling off positions. Looking forward, Enovix anticipates sequential revenue growth in Q3 but expects a slight rise in net operating losses. Warrant holders are reminded to act before a potential early expiration of their warrants, given the stock's recent price movements.
Source: YAHOO