HPE Shares Rise 1.3% as Miami HEAT Plans Arena Wi-Fi 7 Upgrade

Hewlett Packard Enterprise (HPE) shares closed 1.3% higher Monday at $55.84 as the company announced a Wi-Fi 7 project with the Miami HEAT to improve connectivity at Kaseya Center. The stock remained below its $58.63 close on Oct. 15, when shares fell 7.1% after a Barclays downgrade . The arena project calls for HPE Aruba wireless access points indoors and outdoors, with campus gateways to manage network traffic. HPE Juniper switches will provide the wired capacity needed to support the new equipment. The work initially focused on coverage in crowded seating areas, including the lower bowl.

Source: TokenPost