Innovative Eyewear (NASDAQ:LUCYW) Trading Down 5.7% – Here’s Why

Innovative Eyewear, Inc. (NASDAQ:LUCYWGet Free Report) shares were down 5.7% during trading on Friday . The stock traded as low as $0.10 and last traded at $0.11. Approximately 686 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 21,207 shares. The stock had previously closed at $0.12.

Innovative Eyewear Trading Down 5.7%

The stock has a fifty day moving average price of $0.10 and a 200-day moving average price of $0.07.

Innovative Eyewear Company Profile

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Innovative Eyewear, Inc develops and sells smart eyeglasses and sunglasses. The company's flagship product is Lucyd Lyte glasses that enable the wearer to listen to music, take and make calls, and use voice assistants and ChatGPT to perform various smartphone tasks hands-free. It also offers smart eyewear under the Lyte XL brand; and Nautica Powered by Lucyd smart eyewear collection and various branded accessories, including a power brick, cleaning cloth, and a slipcase adorned.

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