Energous Shares Surge 11% as Wireless Power Name Hits Another Hurdle
Energous Corp stock heads into Thursday holding most of Wednesday’s sharp jump. Traders are watching the small wireless-power player after its Q1 report posted faster revenue but showed the company still leans on just a few customers. Why it matters now: WATT is starting to face different questions from investors. The focus has shifted from whether Energous can build up a big patent portfolio to whether it can use those patents to go beyond trial deployments and generate reliable commercial revenue.