Enovix smacked with at least three brokerage downgrades on smartphone exit
Enovix NASDAQ:ENVX plunged 13.3% to a 52-week intraday low of $1.53 in Friday's trading after receiving at least three sellside downgrades following the company's decision to exit smartphone battery testing and redirect its focus toward drone and eyewear applications.Cutting the stock to Perform fr…
Enovix NASDAQ:ENVX plunged 13.3% to a 52-week intraday low of $1.53 in Friday's trading after receiving at least three sellside downgrades following the company's decision to exit smartphone battery testing and redirect its focus toward drone and eyewear applications.Cutting the stock to Perform fr…
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