Friday, June 14, 2024 12:25:06 PM
https://thestreetreports.com/peraso-nasdaq-prso-gains-momentum-as-a-leader-in-emerging-mmwave-technology-stock-rises-17-32/
Peraso (NASDAQ: PRSO) has established itself as a prominent figure in the rapidly expanding mmWave technology market, gaining notable recognition in this sector. On Wednesday, June 12, 2024, the stock experienced a surge of 17.32%, closing at $1.49 with a trading volume of 246,526 shares. Furthermore, Ladenburg Thalmann, a distinguished Wall Street firm since 1876, initiated coverage of Peraso on the same day.
According to research by Grandview Research in January 2024, the global mmWave market reached $3.75 billion in 2023. The study indicates that the application of mmWave technology in consumer-related sectors could drive a new market, creating a potential paradigm shift and leading to a compound annual growth rate (CAGR) of around 40% until 2030.
The mmWave technology market is projected to exceed $55 billion by the end of the decade, fueled by the growing use of bandwidth-intensive applications and the demand for high-speed IoT solutions. Established in 2009, Peraso has been dedicated to mmWave solutions, emerging as the leading player in mmWave device production and pioneering high-volume mmWave production test methodologies.
Furthermore, Peraso’s industry profile continues to rise, the company will participate in the 16th Annual CEO Investor Summit 2024. The event will take place at the St. Regis Hotel in San Francisco, California, on July 10. Peraso’s CEO, Ron Glibbery, and CFO, Jim Sullivan, will attend the summit.
Several major public companies in the millimeter wave (mmWave) technology sector include: AT&T Inc. (NYSE: T), Nokia Corporation (NYSE: NOK), Ericsson (NASDAQ: ERIC), Qualcomm Incorporated (NASDAQ: QCOM), among others.
Recent PRSO News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/13/2024 12:05:03 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/13/2024 12:00:38 PM
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 05/30/2024 10:07:33 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/14/2024 08:06:31 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/13/2024 08:10:38 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/29/2024 09:30:28 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/29/2024 09:30:27 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/29/2024 09:30:14 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/29/2024 09:30:11 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/15/2024 12:42:39 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 07:54:46 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/12/2024 12:16:03 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/09/2024 02:00:11 PM
- Form 424B4 - Prospectus [Rule 424(b)(4)] • Edgar (US Regulatory) • 02/07/2024 10:15:17 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/07/2024 08:00:05 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 02/07/2024 05:15:20 AM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 02/05/2024 12:34:48 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/24/2024 10:26:59 PM
- Form FWP - Filing under Securities Act Rules 163/433 of free writing prospectuses • Edgar (US Regulatory) • 01/23/2024 02:25:19 PM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 01/23/2024 02:01:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/19/2024 02:00:09 PM
- Form S-1 - General form for registration of securities under the Securities Act of 1933 • Edgar (US Regulatory) • 12/22/2023 09:15:52 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/19/2023 09:15:32 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/19/2023 09:15:25 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/19/2023 09:15:18 PM
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