10 Stocks Investors Are Dumping

3. Navitas Semiconductor Corporation (NASDAQ:NVTS)

Navitas Semiconductor Corporation (NASDAQ:NVTS) dropped its share prices by 9.62 percent on Tuesday to close at $9.86 apiece, mirroring a broader market decline amid ongoing geopolitical tensions between the US and the European Union.

This followed President Donald Trump’s threats over the weekend that he would slap eight European countries with 10 percent tariffs if they continue to oppose his planned takeover of Greenland. The tariffs will take effect on February 1 and could rise to 25 percent if a deal is not made on June 1.

Meanwhile, the EU said that it would retaliate with $108 billion in levies on American goods in its bid to protect the European country.

The uncertainties rattled global markets during the day, with investors embarking on a wait-and-see mode for further developments.

Meanwhile, Wall Street’s major indices ended in a bloodbath, led by the Nasdaq, down 2.39 percent.

Navitas Semiconductor Corp. (NASDAQ:NVTS) develops ultra-efficient gallium nitride (GaN) semiconductors for electric vehicles, data centers, consumer electronics, and renewable energy, among others.

For the fourth quarter of 2025, Navitas Semiconductor Corp. (NASDAQ:NVTS) expects to rake in revenues of $7 million at the midpoint, significantly lower than the $18 million in the same period last year. The outlook reflects its strategic decision to deprioritize low power and pivot to higher power revenue and customers, streamline its distribution network, and reduce channel inventory, as well as lower profit expectations from China Mobile and consumer business.

Based on its historical reporting dates, official fourth quarter results are scheduled to be released in the third week of February 2026.