Navitas Stock Surges 1.48 as $190M Trading Volume Propels It to Rank 475 Amid Strategic Energy Storage Partnership

. 12, , , placing it at rank 475 in market activity. The stock’s performance followed a series of strategic developments, including a partnership with a leading energy storage firm to optimize battery management systems for industrial applications. Analysts noted the collaboration could expand Navitas’ addressable market in the renewable energy sector, where demand for advanced power solutions remains robust.

Recent updates highlighted Navitas’ progress in scaling production for its next-generation GaN-on-SiC semiconductors, . . While short-term volatility persists due to macroeconomic uncertainties, the stock’s technical indicators show improved momentum, supported by strong order backlog growth reported in its latest investor presentation.

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