Why the Market Dipped But Enovix Corporation (ENVX) Gained Today

Enovix Corporation (ENVX) closed the latest trading day at $7.84, indicating a +1.03% change from the previous session's end. The stock's change was more than the S&P 500's daily loss of 0.65%. At the same time, the Dow lost 0.49%, and the tech-heavy Nasdaq lost 0.96%.Shares of the company have depreciated by 33.68% over the course of the past month, underperforming the Oils-Energy sector's gain of 6.72% and the S&P 500's gain of 3.27%.The upcoming earnings release of Enovix Corporation will be of great int ...