Navitas Semiconductor Stock Jumps 5% as SpaceX’s IPO Energizes Growth Tech
Navitas Semiconductor (NASDAQ: NVTS) closed Friday’s session up 5.3%, outpacing a broader market that was already in a good mood. The S&P 500 added 0.5% and the Nasdaq Composite gained 0.6%, but Navitas moved nearly ten times faster than the index it trades alongside. The catalyst wasn’t anything specific to the company’s chips, its earnings,…
