Netgear's stock benefits from speculation of a ban on TP-Link in the USA!
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Netgear specializes in the development and sale of communication equipment. Its range includes technologies such as wireless WiFi and LTE. In the last quarter, revenue increased by 38% to $82.6 million, driven by strong demand for ProAV solutions. New product innovations like the Orbi 370 WiFi 7 Mesh system and the Nighthawk M3 5G router are likely to further drive growth. On October 9, Bloomberg reported that the Trump Administration is considering measures against the Chinese router manufacturer TP-Link Systems. The government is currently discussing...
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