Shares of Enovix (NASDAQ: ENVX) were up by 14.8% as of the close of trading Wednesday after the battery technology company announced stronger-than-expected quarterly results Tuesday afternoon. For its third quarter, Enovix had revenue of $200,000, up from nominal revenue in the year-ago period. Revenues were primarily from the delivery of custom cells under its U.S. Army program using its BrakeFlow technology.
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