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Enovix Corp. (NASDAQ:ENVX) shares are surging Monday.
The tech-heavy Nasdaq rose 0.47% during Monday’s session, while the S&P 500 gained 0.36%.
Reports Of AR Partnership
Traders are also monitoring unconfirmed reports from the r/augmentedreality subreddit. A post claimed a strategic partnership between Meta-Bounds and Enovix. The post claimed a 61% increase in overall battery life for lightweight AR glasses was showcased at a recent industry seminar.
Meta-Bounds and Enovix did not immediately respond to Benzinga’s request for comment.
Short Interest Numbers Shift
Benzinga data shows …
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