Navitas Semiconductor Corp is trading at $21.50 (+4.88%) in pre-market as shares stage a technical rebound following a sharp two-day decline and volatility in the AI-chip sector.
- The stock closed the previous session at $20.50 after a 10.3% drop, pressured by broader selling across the semiconductor space.
- The current move appears driven by technical factors and firmer U.S. futures rather than a new company-specific catalyst.