Navitas Soars 2.88% on $830M Volume, Ranks 159th in U.S. Volume

Navitas (NVTS) rose 2.88% on October 10, 2025, with a trading volume of $0.83 billion, ranking 159th among U.S. equities by volume. The stock's performance followed a strategic focus on refining its silicon carbide (SiC) production processes, which analysts noted as a key catalyst for near-term momentum. Recent operational updates highlighted capacity optimization at its North Carolina facility, positioning the company to meet growing demand from automotive and industrial sectors.

Investor sentiment was further supported by supply chain developments, as Navitas confirmed the stabilization of its raw material procurement channels. This addressed prior concerns over production delays, with management emphasizing a 15% reduction in manufacturing costs year-to-date. However, market participants remained cautious about macroeconomic headwinds, particularly in the EV sector, which accounts for 40% of Navitas’ revenue. Analysts advised monitoring quarterly order bookings as a critical metric for sustaining the upward trajectory.

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