Here's Why Enovix Corporation (ENVX) Gained But Lagged the Market Today

In the latest trading session, Enovix Corporation (ENVX) closed at $9.42, marking a +1.18% move from the previous day. The stock's performance was behind the S&P 500's daily gain of 1.25%. Meanwhile, the Dow experienced a rise of 0.97%, and the technology-dominated Nasdaq saw an increase of 1.3%.The company's shares have seen a decrease of 20.56% over the last month, not keeping up with the Oils-Energy sector's loss of 1.82% and the S&P 500's gain of 1.58%.Analysts and investors alike will be keeping a clos ...