Wearable Devices (NASDAQ:WLDSW) Trading Up 50% – Here’s Why

Wearable Devices Ltd. (NASDAQ:WLDSWGet Free Report) shares shot up 50% during trading on Monday . The company traded as high as $2.21 and last traded at $1.80. 1,751 shares traded hands during mid-day trading, an increase of 15% from the average session volume of 1,527 shares. The stock had previously closed at $1.20.

Wearable Devices Trading Up 50.0%

The company’s 50-day simple moving average is $1.41 and its 200-day simple moving average is $2.29.

Wearable Devices Company Profile

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Wearable Devices Ltd. engages in the development of a non-invasive neural input interface for controlling digital devices using subtle touchless finger movements. The company offers Mudra Inspire development kits that enable users to control digital devices, including consumer electronics, smart watches, smartphones, AR glasses, VR headsets, televisions, personal computers and laptop computers, drones, robots, and others through finger movements and hand gestures. It serves consumer electronics companies, industrial companies, information technology and software solutions providers, software development studios, academia and research universities, and B2C market.

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