Notable Runner: Could Airgain Inc Recover After Today’s Significant Decline?

Notable Runner: Could Airgain Inc Recover After Today's Significant Decline?

The stock of Airgain Inc (NASDAQ:AIRG) is a huge mover today! About 679,428 shares traded hands or 280.84% up from the average. Airgain Inc (NASDAQ:AIRG) has risen 6.00% since October 17, 2016 and is uptrending. It has outperformed by 1.31% the S&P500.
The move comes after 7 months negative chart setup for the $201.49M company. It was reported on Nov, 16 by Barchart.com. We have $20.44 PT which if reached, will make NASDAQ:AIRG worth $26.19 million less.

According to Zacks Investment Research, “Airgain, Inc. is a provider of embedded antenna technologies. It offers antennas for the devices which are deployed in carrier, enterprise and residential wireless networks and systems, including set top boxes, access points, routers, gateways, media adapters and digital televisions. The company also offers residential wireless local area network or wireless fidelity to carriers, original equipment manufacturers, original design manufacturers and system designers. Airgain, Inc. is based in San Diego, United States.”

More notable recent Airgain Inc (NASDAQ:AIRG) news were published by: Zacks.com which released: “Earnings Estimates Moving Higher for Airgain (AIRG): Time to Buy?” on November 16, 2016, also Marketwatch.com with their article: “Airgain Inc. NASDAQ: AIRG” published on July 19, 2016, Zacks.com published: “After Airgain (AIRG) Priced Its IPO, Should Investors Buy?” on August 12, 2016. More interesting news about Airgain Inc (NASDAQ:AIRG) were released by: Investorplace.com and their article: “Will Airgain Inc Run Out of Fuel? (AIRG)” published on September 22, 2016 as well as Marketwatch.com‘s news article titled: “Airgain prices IPO at $8.00 a share” with publication date: August 12, 2016.

AIRG Company Profile

Airgain, Inc. is a well-known provider of embedded antenna technologies used to enable high performance wireless networking. The Company’s activities are located primarily in the United States, and most of its assets are located in San Diego, California. The Firm operates through a segment related to the sale of antenna products. It offers antennas for the devices that are deployed in carrier, enterprise and residential wireless networks and systems, including set top boxes, access points, routers, gateways, media adapters and digital televisions. It also offers residential wireless local area network (WLAN) or wireless fidelity (Wi-Fi) to carriers, original equipment manufacturers (OEMs), original design manufacturers (ODMs) and system designers. It also develops embedded antenna technology for markets, including enterprise Wi-Fi systems for on premises and cloud services and for small cellular applications, using Long-Term Evolution (LTE) and digital enhanced cordless telecommunications (DECT). It uses third parties to manufacture products, while maintaining oversight for critical test and calibration functions.

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