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Benzinga
Benzinga
Business
Erica Kollmann

UNBELIEVABLE: Enovix stock tumbles after hours what to know - The Untold Story

Fremont,,Ca,,Usa,-,Feb,28,,2020:,The,Enovix,Sign

Enovix Corp. (NASDAQ:ENVX) shares fell in Wednesday’s extended trading after the company announced its intent to offer $300 million aggregate principal amount of convertible senior notes due 2030.

The Details: Enovix also said it will grant the initial purchasers of the notes an option to purchase up to an additional $60 million aggregate principal amount.

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