🔴 NVE is trading 10.6% down today on profit-taking after yesterday’s post-earnings surge

NVE is trading at $120.00, down 10.6% today as the stock gives back part of yesterday’s huge earnings-driven spike.

• The stock jumped more than 50% on July 23 after a blowout fiscal Q1 2027 report with revenue up 81% and EPS up 78%, far exceeding analyst estimates.
• Today’s pullback appears to be profit-taking and normalization following that extreme move, occurring against a backdrop of broader weakness in the semiconductor sector.