🔴 NVTS is trading 6% down today as traders take profits following a 70% post-earnings rally

NVTS is trading 6% down at $26.79 as the stock undergoes a post-earnings reversal and profit taking following a sharp multi-day rally.

• The stock had surged nearly 70% over the past week, driven by strong Q1 2026 earnings results and optimistic forward guidance.
• Today's pullback reflects a cooling period as traders digest the prior spike and manage elevated options-implied volatility around the May 29, 2026 expiration.