ENVX - Why Lithium Battery Stock Enovix Zoomed 36.5% Today
Shares of Enovix (NASDAQ: ENVX) are on fire this morning, rocketing as much as 36.5% as of 10:14 a.m. ET. Enovix manufactures lithium-ion batteries using silicon anode, which improves energy density significantly. Tuesday morning, the company announced an order from a global consumer electronics company -- a milestone that's sent the markets into a tizzy.
Enovix announced today that it has received an initial order for its smartwatch battery from "one of the top consumer electronics companies in the world."
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Why Lithium Battery Stock Enovix Zoomed 36.5% Today