Wearable Devices (WLDS) Stock Rose 12% On Tuesday, But On What Basis?

Wearable Devices Ltd (NASD: WLDS) is experiencing significant growth today. The stock price has jumped 12.60% and is currently trading at $0.73 per share, due to the announcement that the company will be showcasing new technology for its smart glasses.

Top 5 EV Tech Stocks to Buy for 2023

According a new report published by BloombergNEF on investment in the energy transition, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now.

Click Here to Download the FREE Report.

Sponsored

Where WLDS will be demonstrating the new technology?

Wearable Devices (WLDS) announced today its participation and demonstration of its new technology in the upcoming SPIE Photonics West conference, a premier event in the fields of augmented, virtual, and mixed reality. The new technology, referred to as “neural input interaction,” promises to revolutionize the way we interact with wearable devices and is garnering a lot of attention from investors and tech enthusiasts alike.

The conference will take place in San Francisco from January 31st to February 1st, 2023. By exhibiting at this influential gathering, Wearable Devices aims to showcase its innovative products and technologies to a global audience of industry professionals. The company’s presence at SPIE Photonics West reflects its commitment to advancing the field of wearable technology and staying at the forefront of the industry.

Wearable Devices chose SPIE to showcase control of smart glasses using Mudra, a neural input wristband enabling digital device control through subtle finger movements. WLDS exhibits innovative interaction for smart glasses, enabling users to navigate and control a graphical user interface (“GUI”) using natural finger and hand movements.

Wearable Devices introduces the GUI concept showing the company’s vision for user output. Users can control smart glasses using Air-Touch interactions like swiping and scrolling while retaining spatial awareness of the real world. SPIE debut for Wearable Devices to support the mission of showcasing hardware for the metaverse. WLDS considers Mudra a crucial factor for smart glasses’ market success with its hands-free, touch-free method for inputting commands and operating the glasses.

What WLDS has been offering to SPIE attendees?

WLDS encouraged the SPIE attendees to come to visit its stand and learn more about its technologies. As WLDS continues to deliver on its promise to set the input standard for the metaverse, WLDS believes that the Mudra neural input wristband technology is of tremendous value to manufacturers and consumers of head-worn devices.

Latest

On What Basis Did Swvl Holdings Corp (SWVL) Stock Rise 47% Pre-Hours?

When last checked, Swvl Holdings Corp. (Nasdaq: SWVL), a...

What Drove Organovo (ONVO) Stock Up 15% In After-Hour Session On Tuesday?

Shares of Organovo Holdings Inc. (Nasdaq: ONVO) were up...

Is There Any Reason As To Why The Zai Lab (ZLAB) Stock Expanded By 13%?

The biopharmaceutical business Zai Lab Limited (NASDAQ: ZLAB), which...

Newsletter

 

Don't miss

Did Anything Boost ObsEva (OBSV) Stock In Pre-Hours Trading?

Following an update, shares of ObsEva SA (NASD: OBSV)...

How Did The Kalera (KAL) Stock Rise 32% Pre-Hours?

At the time of the most recent check, shares...

Why Has Selina Hospitality (SLNA) Stock Increased In Extended Session On Friday?

The stock of Selina Hospitality PLC (NASD: SLNA), which...

Do You Know Why Evolv Technologies (EVLV) Stock Surged Nearly 10% Today?

Today's charts show Evolv Technologies Holdings Inc. (Nasdaq: EVLV)...

5 Best TaaS Stocks to Buy Right Now

TaaS stock refers to a financial asset sold by...

Planet Fitness Inc. (PLNT) is heading in the right direction with an average volume of $913.99K

Planet Fitness Inc. (NYSE: PLNT) established initial surge of 1.44% at $76.71, as the Stock market unbolted on March 30, 2023. During the day,...

GrowGeneration Corp. (GRWG) recently have taken one step ahead with the beta value of 3.13

As on March 30, 2023, GrowGeneration Corp. (NASDAQ: GRWG) started slowly as it slid -2.99% to $3.24. During the day, the stock rose to...

A Little Luck Can Go a Long Way with Arcturus Therapeutics Holdings Inc. (ARCT) as it 5-day change was 36.69%

Arcturus Therapeutics Holdings Inc. (NASDAQ: ARCT) started the day on March 30, 2023, with a price increase of 2.33% at $20.64. During the day,...

LEAVE A REPLY

Please enter your comment!
Please enter your name here