Magnachip jumps premarket after Navitas $5 million strategic investment
Navitas Semiconductor agreed to make a $5 million strategic investment in Magnachip Semiconductor, with Magnachip shares set to jump at the opening bell.
By Robb M. StewartMagnachip Semiconductor's shares are set to jump at the opening bell after Navitas Semiconductor agreed to make a $5 million strategic investment in the designer and manufacturer of analog and mixed-signal power semiconductor platform solutions.In premarket trading, Magnachip's sh…