Navitas Shares Drop 18% in a Month: Buy, Sell or Hold the Stock?
Key Takeaways NVTS shares fell 18.3% in a month after weak Q2 results and outlook weighed on performance.Revenues slid 29.2% to $14.5M, with Q3 guidance impacted by tariffs and mobile business shift.NVTS sees AI data center and power transition as multi-quarter growth drivers for GaN and SiC.Navitas Semiconductor (NVTS) shares have dropped 18.3% in a month, underperforming the Zacks Computer and Technology sector’s return of 3%. The underperformance can be attributed to sluggish second-quarter 2025 results ...