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Posted by
Two Blokes Jul 4 -
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Stock
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Navitas Semiconductor (NVTS 1.74%), a producer of gallium nitride (GaN) and silicon carbide (SiC) chips, went public by merging with a special purpose acquisition company (SPAC) on Oct. 21, 2021. Shares started trading at $13, and the price rallied to an all-time high of $22.19 on Nov. 12, 2021.