Energous (WATT) Gains Into Apple iPhone 7 Event on Speculation

August 29, 2016 12:26 PM EDT

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Energous (NASDAQ: WATT) is adding to recent momentum in anticipation of Apple's (NASDAQ: AAPL) iPhone 7, which may or may not have wireless charging.

Today, Apple sent out invitations for the iPhone 7 event, which will be held on September 7th.

Wireless charging is seen as possible but unlikely in this iteration. However, that has not stopped speculators from bidding the stock higher.

Shares of WATT are up 7% to $17.90.

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