Aviat Networks 13D Filing Shows NEC Corporation Reported A 5.9% Stake In The Co As Of November 30, 2023
Portfolio Pulse from Benzinga Newsdesk
NEC Corporation has reported a 5.9% stake in Aviat Networks as of November 30, 2023, according to a 13D filing with the SEC.

December 06, 2023 | 9:20 pm
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NEC Corporation's 5.9% stake in Aviat Networks indicates a significant investment by a major corporation, which could be seen positively by investors.
The acquisition of a stake by a large corporation like NEC is generally viewed as a positive sign, as it suggests confidence in Aviat Networks' business and future prospects. This could lead to increased investor interest and potentially a short-term rise in AVNW's stock price.
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