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COCO News26 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 Plunges 9% on $500M Stock Sale, Director Exit
Navitas Semiconductor shares fell 9% after unveiling a $500M stock sale program, overshadowing its AI power-chip story. Director Ranbir Singh also resigned, intensifying supply and governance worries.
Navitas Shares Drop 6.6% on $500M Stock Sale Plan and Board Departure
Navitas shares fell 6.6% to $22.85 after the company unveiled a $500M stock sale program and a board resignation, with broader chip sector weakness adding pressure.
Navitas Drops Amid Broader Chip Rout; AI Power Play in Focus Next Week
Navitas shares plunged $5.61 to $25.08 Friday as a massive chip selloff erased Nvidia-driven gains, with investors now focused on dilution risks and the AI power market.
Navitas Soars on Nvidia AI Partnership, But Valuation Concerns Loom
Navitas shares jumped 19.3% on Nvidia AI deal, but fell 7.25% after hours. Weak Q1 revenue and intense competition raise doubts.
Navitas Surges on Nvidia AI Ecosystem Tie-Up; Dilution Concerns Loom
Navitas shares surged 21% on news of a partnership with Nvidia's MGX AI Factory, but dilution and revenue uncertainties remain key concerns.
Navitas Stock Rally Faces Dilution Threat as SPAC-Earnout Shares Vest
Navitas shares jumped 9.4% premarket Tuesday as the company issued over 3.2 million earnout shares from its SPAC merger, raising dilution concerns.
Navitas Semiconductor Surges 37% in a Week Amid AI Data Center Bet
Navitas Semiconductor shares surged 37% over the past week, closing at $29.25 on Friday after a 19.98% gain, driven by AI data center exposure and a capital structure deal.
Navitas Surges on AI Data Center Power Play, But Profitability Remains Elusive
Navitas shares rose 16.33% to $28.36 amid renewed AI infrastructure interest, though breakeven may require quarterly sales above $30 million.
Navitas Surges on AI Power Play and Investor Conference Circuit
Navitas shares rose 5.3% to $24.20, hitting a near 52-week high, as the company's AI data center power story gains momentum ahead of investor conferences.
Stellantis Unveils $70B Strategy to Revitalize Jeep, Ram, and European Brands
Stellantis launched a €60 billion five-year plan to boost profits, focusing on key brands like Jeep and Ram, with a goal of 25% revenue growth in North America.
Navitas Shares Rally on AI Power Chip Hopes, Revenue Still Tiny
Navitas Semiconductor shares surged over 15% as investors bet on its AI data-center power chips. Q1 revenue was $8.6M with a $27.8M loss; Q2 guidance points to $10M. The stock's rally hinges on converting design wins into sales.
Navitas Semiconductor Faces Crucial Week After Volatile AI Rally
Navitas Semiconductor closed at $21.32, down 4.48% on Friday but up 17.14% for the week after raising $122M via an at-the-market stock sale. Investors await the May 19 J.P. Morgan tech conference.
Navitas Semiconductor Raises $122M in ATM Offering Amid AI Power Push
Navitas Semiconductor raised $122 million through an ATM offering, leveraging AI power-chip hype. Q1 revenue fell to $8.6 million, while shares dropped 6.4%.
Navitas Shares Surge 10% After $122M ATM Offering Fuels AI Power Chip Push
Navitas Semiconductor raised $122M via an ATM offering, sending shares up 10.5% as it pivots to GaN chips for AI data centers and industrial uses.
Navitas Semiconductor Files $125M Stock Sale After India GaN Launch
Navitas Semiconductor files for a $125M stock sale after its shares jumped 24% on the news of a GaN product launch in India with Cyient.
Navitas Soars 18% on India's First GaN Power IC Launch for AI Data Centers
Navitas Semiconductor shares surged 18% Monday after Cyient Semiconductors unveiled India's first GaN power IC lineup, built with Navitas tech for AI data centers, telecom, and EV charging.
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.