Enovix shares are trading higher after the company announced it received a purchase order to produce battery cells for the U.S. Army.
Portfolio Pulse from Benzinga Newsdesk
Enovix announced that it has received a purchase order to produce battery cells for the U.S. Army, leading to a rise in its share price.
June 27, 2023 | 12:21 pm
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Enovix shares are trading higher after receiving a purchase order to produce battery cells for the U.S. Army.
The purchase order from the U.S. Army is a significant development for Enovix, as it indicates the company's products are in demand and have potential for growth. This news is likely to have a positive impact on the company's stock price in the short term.
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