** Navitas Semiconductor's share slump 16.5% to $2.18 premarket
** NVTS set to open at an all-time low, if losses hold
** Co sees Q4 rev of $18-$20 mln, below analysts estimates of ~$24 mln - LSEG
** NVTS's Q3 loss in line with estimates, while revenue falls slightly more than expected
** Co says to cut 14% jobs, or 45 employees, as part of cost cuts to save $2 mln/qtr and to streamline focus on AI data centers, EV and mobile applications
** Morgan Stanley says NVTS has been undeniably impacted by market volatility, including due to intense competition, substantial price reduction
** Six of nine analysts covering NVTS rated it "buy" or higher, 3 "hold"; median PT is $5 -LSEG data
** As of last close, stock down ~68% YTD
(Reporting by Ragini Mathur)
((Ragini.Mathur@thomsonreuters.com;))
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