Streetbeat News

WLDS

Wearable Devices Ltd.

https://wearabledevices.co.il

Industry

Consumer Electronics

Wearable Devices Ltd. engages in developing a non-invasive neural input interface for controlling digital devices using subtle finger movements. The company offers Mudra Inspire development kits that enables users to control digital devices through finger movements and hand gestures. These digital devices include consumer electronics, smart watches, smartphones, augmented reality glasses, virtual reality headsets, televisions, personal computers and laptop computers, drones, robots, etc. It serves consumer electronics companies, industrial companies, information technology and software solutions providers, software development studios, and academia and research universities, as well as consumers from B2C market. The company was incorporated in 2014 and is based in Yokneam Illit, Israel.

Open

2.48

Mkt cap

2.7M

Volume

71K

High

2.49

P/E Ratio

-0.26

52-wk high

16.00

Low

2.15

Div yield

N/A

52-wk low

2.15

Science Applications International Corporation (SAIC) shares fell over 10% after reporting Q4 fiscal 2024 earnings below estimates, despite beating revenue consensus. Other stocks experienced significant movements, with Canoo Inc. (GOEV) surging 95% after its facility was approved as a Foreign Trade Zone, and various companies seeing gains due to positive developments or analyst upgrades. Conversely, several companies faced declines due to disappointing financial results, regulatory issues, or strategic decisions.

Portfolio Pulse from Avi Kapoor

March 18, 2024 | 6:37 pm

Wearable Devices Ltd. (NASDAQ:WLDS) shares surged after its XR team published a report on wearable technology advancements, highlighting the smart glasses market growth and the effectiveness of its Mudra Band. The stock experienced heavy trading, with over 30 million shares traded, significantly above its 100-day average. The report's positive reception and the high trading volume indicate strong investor interest.

Portfolio Pulse from Erica Kollmann

March 18, 2024 | 4:26 pm

U.S. stocks traded higher with the Dow, NASDAQ, and S&P 500 all seeing gains. The NAHB/Wells Fargo Housing Market Index rose to 51 in March, indicating a positive outlook for the housing market. Canoo Inc. (GOEV) surged 53% after its Oklahoma City facility was approved as a Foreign Trade Zone. Wearable Devices Ltd. (WLDS) and Verb Technology Company, Inc. (VERB) also saw significant gains. Conversely, Solowin Holdings (SWIN), Sonder Holdings Inc. (SOND), and Worksport Ltd. (WKSP) experienced notable declines.

Portfolio Pulse from Avi Kapoor

March 18, 2024 | 4:20 pm

Wearable Devices (WLDS) shares surged following a report that its Mudra Band could play a pivotal role in the next wave of smart glasses interaction for tech giants Apple and Meta.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 2:55 pm

U.S. stocks traded higher with the Dow Jones, NASDAQ, and S&P 500 all seeing gains. Communication services shares led the market, while utilities saw a slight decline. XPeng Inc. shares rose over 5% on news of launching cheaper EV models. Solidion Technology, Wearable Devices, and WaveDancer shares surged following positive company announcements. Conversely, Global Mofy Metaverse, Sonder Holdings, and Worksport Ltd. experienced significant drops. Commodities saw mixed results, and European and Asian markets closed higher.

Portfolio Pulse from Avi Kapoor

March 18, 2024 | 1:48 pm

Wearable Devices (WLDS) announced its participation in MWC Barcelona 2024, where it will showcase its neural gesture input technology aimed at both B2B and B2C markets.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 12:28 pm

Wearable Devices has entered into a collaboration agreement with Qualcomm Technologies to enhance XR experiences using Mudra Neural Technology on the Qualcomm Snapdragon Spaces XR Developer Platform. This partnership aims to redefine interaction in augmented and virtual reality environments.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 12:26 pm

Amtech Systems, Inc. (NASDAQ:ASYS) shares rose by 7.6% in pre-market trading after reporting Q1 results that exceeded expectations, with an adjusted loss of 4 cents per share against estimates of a 26 cents loss and sales of $24.92 million against expected $22.25 million. Other stocks also showed significant movement in pre-market trading, with notable gainers including Millennium Group International Holdings Limited (NASDAQ:MGIH) and DIH Holdings US, Inc. (NASDAQ:DHAI), and losers like Intelligent Bio Solutions Inc. (NASDAQ:INBS) and Better Choice Company Inc. (NYSE:BTTR).

Portfolio Pulse from Avi Kapoor

February 12, 2024 | 10:39 am

Wearable Devices has announced plans to explore compatibility between its Mudra Band and Apple's Vision Pro as part of its strategy to offer users more intuitive interaction options within the Apple ecosystem.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 12:22 pm

WD-40 Company (NASDAQ:WDFC) shares surged over 17% after reporting Q1 earnings of $1.28 per share, surpassing estimates of $1.05 per share, and sales of $140.42 million, above the expected $134.37 million. Other stocks experienced significant movements in Wednesday's mid-day session, with various companies reporting funding, FDA interactions, earnings, and other corporate updates.

Portfolio Pulse from Avi Kapoor

January 10, 2024 | 6:06 pm

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