Navitas Shares Fall More Than 2% Overnight After Earnings
Navitas Semiconductor shares fell more than 2% overnight after initially rising following its third-quarter report. The company reported better-than-expected results and forecast fourth-quarter sales above expectations.
Navitas Semiconductor Corp (NVTS) fell over 2% in overnight rising after initially rising following the power chip firm's upbeat quarterly report issued during post-market hours on Monday.Navitas reported better-than-expected third-quarter results and forecast Q4 sales also higher than expectations…