Anterix's stock jumps 25% post announcing a strategic review to boost private network deployment.

Anterix, a wireless communications company for utilities, saw its stock rise by 25% after announcing a strategic review with Morgan Stanley to accelerate 900 MHz private network deployment and explore new pricing and partnership models. Despite reporting a negative EPS of ($0.46) and significant insider stock purchases, the company's move has attracted industry interest, highlighting its position in the growing utility broadband sector.

6 weeks ago
6 Articles

Further Reading