Resonant shares soar as Murata completes $7 million investment

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Resonant shares soar as Murata completes $7 million investment

By Staff Report / Thursday, October 3rd, 2019 / Comments Off on Resonant shares soar as Murata completes $7 million investment

The North American arm of Japanese manufacturer Murata completed a $7 million equity investment in Goleta-based Resonant, sending its shares up more than 4.5 percent Oct. 3, the day’s strongest performance among regional public firms. Resonant announced an impending $10 million equity deal with Murata in early August. The agreement includes exclusive development rights for…

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