Energous shares are trading lower Tuesday afternoon after Fugazi Research publishes a bearish report raising fresh concerns about the company’s dilution history, weak revenue base and long-term business model.
Energous shares are sliding. What’s weighing on WATT shares?
Fugazi Report Targets Dilution and Cash Burn
The report argued that Energous remains a low-revenue, cash-burning business that has relied heavily on equity issuance to fund operations rathe… [1681 chars]
Source: Benzinga | Published: 2026-03-24T16:12:00Z
Credit: Benzinga
