FinanceAsianet Newsable
Navitas stock falls on wider-than-expected loss
in5points
Navitas Semiconductor reported Q2 revenue that beat analyst estimates.
The company issued a Q3 revenue outlook above expectations.
A wider net loss in Q2 caused NVTS stock to fall in after-hours trading.
Retail investors remain focused on Navitas' AI-related growth potential.
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Rajeev Chandrasekhar / Jupiter Capital interests historically