Anterix Inc. Common Stock (ATEX)
Anterix Inc. (ATEX) is a wireless communications company that focuses on enabling the secure and reliable broadband infrastructure for utility and other critical communications. It primarily owns and develops spectrum assets in the 900 MHz band, which are used to support private LTE networks for utilities, transportation, and other industries requiring mission-critical connectivity.
Company News
The article highlights three stocks - Enovix Corp (ENVX), Anterix Inc. (ATEX), and Xperi Inc. (XPER) - that have the potential to double in price based on analyst price targets and positive business outlook.
Ericsson, GE Vernova, and Nokia are collaborating with Anterix to offer high-value incentives to utilities for the adoption of 900 MHz private wireless networks, accelerating the digital transformation of the power grid.
The agreement underscores the advantages of private LTE and expands Anterix's (ATEX) network of utility partnerships nationwide.
U.S. stocks were mixed toward the end of trading, with the Dow Jones trading slightly lower on Friday. The Dow traded down 0.05% to 34,052.86 while the NASDAQ rose 0.34% to 13,269.58. The S&P 500 also rose, gaining, 0.13% to 4,335.45. Check This Out: McDonald's, Halliburton And 2 Other Stocks Insiders Are Selling  Leading and Lagging Sectors ...