Airgain shares surge 12.18% after hours as insider purchases $84,000 in stock.

Airgain (NASDAQ:AIRG) surged 12.18% in after-hours trading, driven by the announcement on August 31 that the company set its September financial conference schedule. The event, which includes a call scheduled for September, likely spurred investor optimism about potential updates on financial performance, strategic initiatives, or product developments. This follows Airgain’s recent launch of the ULTRAMAX™ Glass 5G antenna on August 8 and an insider purchase of $84,000 in shares on August 20, both signaling operational progress and internal confidence. While the company reported Q2 2023 earnings below expectations on August 11 and faced a downgrade on August 15, the recent conference scheduling appears to have overshadowed prior challenges, suggesting anticipation of improved guidance or market share gains in its 5G antenna segment.