Enovix Stock Rises 35% in Short-Squeeze: This Rally Has Legs

Enovix NASDAQ: ENVX stock surged 35% in a single day, and it looks like the rally has legs and room to run. The technical signal is strong, and fundamental factors are in play. Those factors include a new deal to supply batteries for a virtual reality headset that points to a new reality for ENVX investors. This company is gaining traction and building momentum; two large, high-profile deals now validate its technology. ▼ enc $15.72$23.90 Add to Watchlist Get Enovix alerts: The deal includes an upfront pay ...