Why Navitas Semiconductor Stock Soared Today
Navitas Semiconductor (NASDAQ: NVTS) stock posted a day of strong gains in Friday's trading, rising 5.3% in the session. Meanwhile, the S 500 closed out the day up 0.5%, and the Nasdaq Composite was up 0.6%.
The stock market enjoyed broadly positive momentum in today's session, and the recent SpaceX initial public offering (IPO) likely played a role in the bullish backdrop. Navitas stock is now up 227.5% across this year's trading.
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Source Fool.com


