WiSA shares are trading higher after the company announced an HDTV brand signed a WiSA E 5-year license.
Portfolio Pulse from Benzinga Newsdesk
WiSA Technologies, Inc. shares surged following the announcement of a 5-year licensing agreement with an HDTV brand for WiSA E technology.
December 04, 2023 | 2:12 pm
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POSITIVE IMPACT
WiSA Technologies, Inc. stock price is likely to experience a positive short term impact due to the announcement of a new licensing agreement.
The announcement of a 5-year licensing agreement is significant for WiSA Technologies, indicating a potential increase in revenue and market confidence in the company's WiSA E technology. This type of news typically generates positive investor sentiment and can lead to a short term rise in stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100