Navitas Semiconductor Stock Plummets 49.77% in Trading Volume Ranking 346th Amid Deutsche Bank Downgrade

On June 17, 2025, Navitas Semiconductor (NVTS) experienced a significant decline, with its trading volume dropping by 49.77% to 2.24 billion, ranking 346th in the day's market activity. The stock price fell by 4.66%, marking the fifth consecutive day of decline, with a total decrease of 15.27% over the past five days.

Deutsche Bank downgraded Navitas Semiconductor from a "buy" rating to a "hold" rating, citing valuation concerns. This decision came after the stock had surged by 250% in recent months, largely due to a strategic partnership with NVIDIA aimed at enhancing power distribution in data centers. The bank also adjusted its price target for Navitas, initially raising it to $7.00 and then lowering it to $3.50.

Despite the recent surge in stock price, Deutsche Bank's downgrade reflects concerns over the company's valuation. The bank's decision to cut its rating and price target suggests a more cautious outlook on Navitas' future performance. This move has likely contributed to the recent decline in the stock price, as investors reassess the company's prospects in light of the downgrade.

Navitas Semiconductor's high short interest, at 21.1%, also indicates significant bearish sentiment among investors. This, combined with the recent downgrade, could continue to put downward pressure on the stock price in the near term. Investors will be closely watching for any further developments or announcements from the company that could impact its valuation and market position.