Enovix is trading 5.6% down at $3.39 as technology stocks reversed the previous session’s rally amid pressure from Federal Reserve Chair Kevin Warsh’s hawkish Jackson Hole remarks.
- Semiconductor weakness, including selling in Marvell Technology, is also weighing on the sector.
- No new Enovix-specific announcement dated August 28, 2026, was identified; recent news centers on its August 17 CEO transition and subsequent analyst downgrade.