# Enovix Shares Fall 13.3% to 52-Week Low After Sell-Side Downgrades

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/57007
Published: 2026-11-13T20:32:45.000Z
Updated: 2026-11-13T20:32:45.000Z
Section: Investing

> The stock touched $1.53 during Friday trading.

Enovix shares fell 13.3% Friday to a 52-week intraday low of $1.53 after at least three sell-side downgrades, marking a steep drop for the battery maker.

Enovix previously disclosed an [initial order for 100,000 battery units from an unnamed multinational drone systems provider](<https://www.tokenpost.com/news/business/31560>), with deliveries scheduled for the first half of 2027.



## Links in this article

- [initial order for 100,000 battery units from an unnamed multinational drone systems provider](https://www.tokenpost.com/news/business/31560)
