🟢 Enovix is trading 10.5% up today as drone battery order moves into backlog

Enovix is trading at $2.69, up +10.45%, with its drone battery order and preliminary Q3 revenue beat identified as catalysts.

• The 100,000-unit order, announced after the October 13 close, moves an opportunity into backlog, with deliveries scheduled for the first half of 2027.
• Preliminary Q3 revenue was $11 million, up 38% year over year and above prior guidance.
• Reporting found no separate October 15 announcement.