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With a big government program advancing green technology in the works, now is a good time to be a next-generation battery maker particularly targeting the electric vehicle (EV) segment. Enovix (NASDAQ: ENVX) is one of the battery developers enjoying the ride, and on Wednesday its sh...
Summary Enovix has disclosed 3 additional strategic accounts, or mega cap technology companies, that have gone through technology validation and these companies show great promise in being actual customers. BrakeFlow technology gaining attention from the market and the industry as...
Summary The next-generation battery producer has produced a series of breakthroughs on multiple dimensions like capacity, safety and speed of recharge. There is a beginning of commercial success and this can be a game changer. Given capacity constraints, the company focuses on hig...
Wall Street saw stocks plummeting and Dow dropping more than 1,000 points while Nasdaq declined ~4% after Federal Reserve Chairman Jerome Powell's hawkish remarks at the Jackson Hole Economic Symposium, warning that the fight against inflation could lead to "some p...
Summary Enovix has started to realize revenue for its 3D Silicon lithium-ion batteries. Revenue for its fiscal 2022 second quarter came in higher than consensus estimates. Shares have built on their rally following the publication of an extremely positive research note from a ...
Stocks get price-target raises from analysts all the time, but rarely do they receive a raise like this. On Wednesday, a prognosticator nearly doubled his price on auto battery maker Enovix (NASDAQ: ENVX) . As a result, investors piled into the company, and its share price rose by m...
FREMONT, Calif., Aug. 24, 2022 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX) the leader in the design and manufacture of next generation 3D Silicon™ Lithium-ion batteries, today announced Patrick Donnelly, Vice President, Strategic Business Developmen...
While markets are dipping lower to start the week, shares of Enovix (NASDAQ: ENVX) are jumping considerably higher. The lithium-ion battery manufacturer received some favorable coverage from an analyst this morning, and the market is taking note. As of 10:18 a.m. ET on Monday, s...
The week did not see extravagant gains among industrial stocks with Encore Wire leading the gainers, while Rocket Lab and two others in last week's top five list landed among this week's losers. The S&P 500 snapped out of a four-week winning streak and saw six out...
Gainers: Hill International HIL +61% , JE Cleantech JCSE +34% , NN ( NNBR ) +9% , Euro Tech ( CLWT ) +8% , Team ( TISI ) +8% . Losers: Momentus ( MNTS ) -14% , Enovix ( ENVX ) -14% , ESS Tech ( GWH ) -12% , urban-gro ...
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FREMONT, Calif., July 17, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced it will release financial results for the second quarter of 2024 on Wednesday, July 31, 2024, after the close of the market...
FREMONT, Calif., July 03, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced it will hold a grand opening of Fab2, its high-volume production facility in Penang, Malaysia, on August 8, 2024. The g...