• Power Integrations is trading 4.3% down at $61.81 today as investors react to a significant technology announcement and position ahead of its Q2 earnings release.
  • The company unveiled the world's first 2200 V GaN technology, positioning its PowiGaN solutions for high-voltage data centers, EVs, and renewable energy.
  • The stock's movement also reflects profit-taking and volatility ahead of its Q2 earnings call scheduled for after the close today.