Navitas Semiconductor is trading 4.7% up at $9.15 in pre-market on October 21, 2026, alongside its announcement of a new 2300 V ultra-high-voltage silicon-carbide power module family.
- October 20 close: $8.74; available coverage does not explicitly confirm the announcement caused the move.
- The GeneSiC-based modules target grid-scale battery storage, solar inverters and megawatt EV charging.
- Q3 results are scheduled for November 3; the move is not tied to a same-day earnings release.