ENVX News and Press, Enovix Corporation From 10/10/23

2023-10-10 11:40:23 ET Summary Enovix Corporation announced the strategic realignment of its Fab1 facility, which was never meant for high-volume production, to focus on product development. Also, the company announced that Fab1 will now focus on a few very large customers who req...

2023-10-05 15:17:41 ET Summary Aurora Innovation, Inc.'s income statement is in a state of flux, with revenues and expenses fluctuating significantly. The company's net loss has increased, but its revenue has also grown. Despite the uncertain income statement, Aurora Innovatio...

2023-10-04 06:00:00 ET Enovix (NASDAQ: ENVX) stock price relentless sell-off gained steam this week as it plunged to the lowest level since April 2023. The shares have plunged by more than 58% from the highest point this year, giving it a market cap of over $1.8 billion. Concerns re...

2023-10-03 20:29:17 ET Summary Shares sold off after the company decided to abandon U.S. manufacturing operations and focus on high-volume production in Malaysia next year. Investors shouldn't be overly surprised by the announcement as the so-called "Fab1" has been a major disaste...

2023-10-03 14:17:58 ET Shares of Enovix (NASDAQ: ENVX) slumped on Tuesday and were trading 17% lower as of noon. The lithium-ion battery manufacturer baffled investors today when it announced the restructuring of its only factory. Enovix said it has initiated a "realignment" of ...

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2023-10-03 08:19:14 ET More on Enovix Enovix Charges Into Euphoria And Volatility Enovix: A Dangerous Game Enovix: Exciting Growth Potential Of Wearable Battery Solutions For further details see: Enovix sinks after reporting Fab1 realignment

FREMONT, Calif., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced that it has initiated a strategic realignment of Fab1 in Fremont designed to refocus the facility from a manufacturing hub to its...

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FREMONT, Calif., Sept. 28, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced that Emmanuel T. Hernandez will retire from the company’s board of directors effective September 30, 2023. Hernandez join...