NVTS is trading 6% up at $19.42 as it rebounds from a two-day sector sell-off, driven by a new $500 million at-the-market (ATM) Class A stock offering. The offering, filed today, aims to fund working capital, corporate needs, and potential acquisitions. Despite concerns over dilution risk, the news initially led to a premarket surge, and the stock is staging a recovery within a volatile semiconductor sector.