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Enovix Corporation (ENVX): A Bear Case Theory 

We came across a bearish thesis on Enovix Corporation on X.com by taubamush. In this article, we will summarize the bulls’ thesis on ENVX. Enovix Corporation's share was trading at $9.97 as of September 30th.

[caption id="attachment_973633" align="aligncenter" width="768"] Photo by Mika Baumeister on Unsplash[/caption]

Enovix (ENVX), since going public via a SPAC in 2021, has struggled to convert promises into execution. Despite long-standing investor enthusiasm, customer demand for significant orders remains minimal, larger competitors are advancing, and manufacturing...