Enovix is trading 14.49% down now at $3.75 after CEO Raj Talluri resigned effective August 13, 2026, to pursue another opportunity.
- Chairman T.J. Rodgers became executive chairman, while CFO Ryan Benton was named interim CEO during the search for a permanent replacement.
- The leadership change introduced uncertainty and prompted an 8.2% pre-market decline reported by GuruFocus.
- Enovix is scheduled to host a corporate-update webcast at 4:00 p.m. Eastern Time on August 17, 2026.