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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 ...
2023-10-03 08:21:17 ET More on Neptune Wellness Solutions, Vipshop, etc. Vipshop's Strong Results Overshadowed By Troubling Outlook Vipshop Holdings Limited (VIPS) Q2 2023 Earnings Call Transcript WeWork Inc. (WE) Q2 2023 Earnings Call Transcript WeWork skips...
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...
2023-09-30 12:35:34 ET More on Ferguson and Worthington Ferguson: A Must-Own Stock For Long-Term Investors Worthington Industries: Why I Am Buying The Dip Post Fiscal Q1 Earnings Worthington Industries: Still A Fantastic Steel Play As Infrastructure Investments Incre...
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...
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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...
FREMONT, Calif., June 26, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced it has signed a Memorandum of Understanding (“MOU”) with Elentec Co., Ltd (“Elentec”) (Kosd...
A look at the top 10 most actives in the United States NVIDIA Corporation (NVDA) rose 6.8% to $126.09 on volume of 414,790,976 shares Faraday Future Intelligent Electric Inc. (FFIE) fell 18.7% to $0.265 on volume of 162,165,405 shares Ginkgo Bioworks Holdings Inc. Class A (DNA) fell 12.6%...