RTTNews | Feb 19, 2021 09:58AM EST

09:57 Friday, February 19, 2021 (RTTNews.com) - Shares of Energous Corp. (WATT) are surging over 40% on Friday despite no stock-related news to drive the shares.

WATT is currently trading at $5.22, up $1.50 or 40.32%, on the Nasdaq.

Energous develops wire-free charging solutions. The company develops WattUp wireless power technology that consists of semiconductor chipsets, software controls, hardware designs, and antennas that enables radio frequency based wire-free charging for electronic devices.

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