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Stock impact report

Is Energous a Buy? [The Motley Fool]

Energous Corporation (WATT) 
Last energous corporation earnings: 11/7 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.energous.com
Company Research Source: The Motley Fool
Is Energous a Buy? The wireless charging company has failed to fulfill its lofty promises over the past four years. When Energous ( NASDAQ:WATT ) went public five years ago, it turned heads with its development of wireless charging pads that could charge devices from 15 feet away. These pads, the bulls claimed, would eliminate bundles of messy wires and power strips behind TVs, PCs, lights, and other devices. That enthusiasm lifted Energous' stock from its IPO price of $6 to the low $20s in early 2018. But the bulls retreated over the past year after a series of mishaps, and the stock now trades at about $5. Let's look back at what happened to Energous, and whether or not its stock will ever recover. The future initially looked bright for Energous. The FCC approved a lower-power version of its WattUp charging tech for IoT devices in 2016, and it secured a manufacturing deal with Dialog Semiconductor ( NASDAQOTH:DLGNF ) to produce a wireless charging chip in 2017. Dialog was an Apple Show less Read more
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