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09.04.2018 22:46:32

Wireless-charger maker Energous stock jumps on FCC move

Shares of Energous Corp. rallied 13% late Monday after the San Jose, Calif., company said the Federal Communications Commission has certified the company's near-field transmitter, WattUp, as compliant with safety, electromagnetic compatibility, and regulatory requirements. The approval "represents a significant step forward creating a fully-compatible wireless charging ecosystem," Chief Executive Stephen R. Rizzone said in a statement. WattUp is "highly scalable," he added. The stock ended the regular session up 5.3%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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Energous Corp 17.92 0.00% Energous Corp
F.C.C. Co LtdShs 2'431.00 -1.02% F.C.C. Co LtdShs

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