Enovix is trading at $3.93 (-10.48%) in premarket after the company announced Raj Talluri’s resignation as CEO and director.

  • The resignation is effective August 13, 2026; CFO Ryan Benton became interim CEO as the board searches for a permanent replacement.
  • The leadership change adds uncertainty despite reaffirmed Q3 2026 guidance and continued smartphone qualification progress.
  • Premarket volume was approximately 512,000 shares, versus roughly 124,537 average volume.