Enovix Bets Big on Defense Batteries with $216 Million Pipeline, Korea Expansion
Enovix Corporation (NASDAQ: ENVX ) stock is trading higher by more than 2% on Monday as the manufacturer of advanced lithium-ion batteries reported strong preliminary third-quarter 2026 results. The company reported revenue of $11 million, up 38% from the previous year, beating its guidance of $9 million to $10 million