Identiv shares surge 10.34% intraday as stock crosses above 200-day moving average.

Identiv (NASDAQ:INVE) surged 10.34% intraday after its stock price crossed above the 200-day moving average, a technical indicator often signaling renewed investor confidence in a stock’s momentum. This move aligns with broader market sentiment following the company’s recent partnership with Narravero to accelerate digital product passport adoption, announced on July 2, 2025, which positions Identiv to capitalize on regulatory compliance trends. Additionally, institutional activity, including purchases by Renaissance Technologies LLC and Boothbay Fund Management in May and April, and insider buying by executives in March, reinforced perceived value. However, the immediate catalyst appears tied to the technical breakout, as the 200-day moving average crossing typically triggers algorithmic and discretionary trading strategies.