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COCO News10 articles
Vita Coco Stock Jumps 27% on Q1 Beat, Upbeat 2026 Forecast
Vita Coco shares surged 27% Wednesday after Q1 net sales jumped 37% to $180M, beating estimates. The company raised its 2026 revenue outlook to $720-$735M, driven by strong coconut water demand.
Navitas Semiconductor Surges as AI Data Center Pivot Accelerates
Navitas Semiconductor shares surged 15% to $18.20 after Q1 revenue rose 18% sequentially to $8.6 million, driven by growth in AI data center and grid markets. Needham raised its price target to $21.
Bayer's $2.45B Perfuse Buy Aims to Revitalize Eye Drug Pipeline
Bayer acquires Perfuse Therapeutics for up to $2.45 billion to secure Phase II eye drug PER-001, aiming to bolster its ophthalmology unit as Eylea sales slip.
Navitas Semiconductor Faces Key Earnings Test Amid AI Power Push
Navitas Semiconductor shares jumped 5.76% to $17.45 ahead of Q1 earnings. The company is betting on AI data center power chips but faces revenue and timing risks.
Navitas Shares Tumble 17% as AI Power Chip Rally Faces Earnings Scrutiny
Navitas Semiconductor shares dropped 17% on Tuesday as the AI power chip rally hit an earnings test. Analysts expect a Q1 loss of $0.05 per share on $8.18 million revenue.
Navitas Stock Soars on AI Power Demand Ahead of Earnings
Navitas Semiconductor stock jumped almost 20% Tuesday as investors bet on its power semiconductors for AI data centers. The company will report first-quarter earnings on May 5.
Navitas Semiconductor Gains on AI Power Product Launch, New CFO Appointment
Navitas Semiconductor shares advanced following the launch of new silicon carbide products targeting AI infrastructure and the appointment of a new CFO. The company reported a significant quarterly revenue drop and an operating loss.
Navitas Semiconductor Shares Retreat After AI Chip Launch, CFO Appointment
Navitas Semiconductor shares declined 6.5% on Thursday, partially reversing a prior surge, following the launch of new AI power chips and the appointment of a new CFO. The company reported a significant revenue drop for 2025.
Navitas Semiconductor Retreats Following AI Chip Announcement and CFO Appointment
Navitas Semiconductor shares gave back recent gains, falling 7% to $10.06 after a 24.9% surge. The volatility followed announcements of a new AI data-center chip package and the appointment of Tonya Stevens as CFO.
Navitas Semiconductor Holds Gains After Revenue Outlook, CFO Transition
Navitas Semiconductor shares stabilized in premarket trading after a sharp 20% rally, driven by an upbeat first-quarter revenue forecast and the announcement of its CFO's upcoming departure.