Navitas Semiconductor is trading at $11.48 (-4.09%) as broader markets weaken ahead of the Federal Reserve minutes. - Higher Treasury yields and renewed oil and geopolitical concerns are weighing on risk appetite; the S&P 500, Nasdaq and Dow are all lower. - Reuters reported semiconductor shares were lower in premarket trading, adding sector pressure. - The Claros acquisition was announced after Tuesday’s session; available reporting does not establish it as the cause of the October 7 decline.