164.40% Shift in Navitas Semiconductor Corporation Nvts Stock Points to Emerging bullish Momentum on May 22, 2025

    Date:  May 22, 2025 (Thursday)
    
    open  :  $4.89
    close :  $5.05
    low   :  $4.03
    high  :  $5.25 
    
    previous close:  $1.91 
    

On May 22, 2025 (Thursday), Navitas Semiconductor Corporation Nvts in the Technology sector showed bullish momentum of 164.40% relative to previous day's close. The stock belongs to the Semiconductors industry within the Technology sector.

At the opening bell, the stock started with a significant gap up at $4.89, compared to the previous close of $1.91 (a significant gap up of 156.02%).

Navitas Semiconductor Corporation Nvts which is a Large-Cap stock with market cap of 968.63M hit a high of $5.25 and a low of $4.03, creating a trading range of $1.22. The price movement for the day was 3.27% higher than the opening price.

During the day's session, the Navitas Semiconductor Corporation Nvts saw a significant increase in trading activity, trading 269,411,165 shares, which is up 2849.79% from the average of 9,133,246 shares. This surge in volume suggests heightened investor interest or a major event driving the stock's movement.

The stock showed high volatility (24.16%) with a wide trading range and a large movement (the stock surged from $4.03 to $5.25).

If we look at the last 30 days daily chart, the stock has been moving sideways, but today’s close > open forms a bullish candle, showing a positive move and indicating buying pressure as bulls take control.