Navitas Semiconductor (NVTS) stock is crashing—down over 16% to $6.76 by 10:47 AM ET on August 5th.
The drop comes after NVTS issued a weak Q3 sales forecast, despite beating Q2 earnings and revenue.
Investors are reacting swiftly, pushing the stock below $7 and making it one of the biggest small-cap losers today.
In this short, we break down what’s behind the sell-off and whether this presents a risk—or a potential buying opportunity.
#NVTS #semiconductors #stocknews
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