Navitas Semiconductor Corp is trading at $25.65 (+9.66%) today amid a broad risk-on tech rally fueled by easing geopolitical tensions and lower oil prices.
- The move extends a strong rebound for the stock following a period of recent volatility, as Nasdaq futures and tech shares see widespread gains.
- While no company-specific news was released today, investor sentiment remains supported by the firm’s long-term AI data center and high-power semiconductor growth narrative.