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

The article lists the stocks that gained and lost the most in Thursday's mid-day session. Among the gainers were Intelligent Bio Solutions Inc., Astra Space, Inc., and Tempest Therapeutics, Inc., which saw significant increases due to positive quarterly results and acquisition proposals. Among the losers were Enviva Inc., ContraFect Corporation, and Atara Biotherapeutics, Inc., which saw significant decreases due to poor quarterly results and disappointing clinical trial outcomes.

Portfolio Pulse from Lisa Levin

November 09, 2023 | 6:13 pm

Wearable Devices has announced the pricing of a $2 million underwritten public offering of 4,444,444 shares of common stock at a price of $0.45 per share. This has led to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 5:57 pm

Wearable Devices Ltd (NASDAQ:WLDS) shares have dropped by 54% after the company announced a public offering of 4,444,444 ordinary shares at $0.45 per share. The offering aims to raise approximately $2.0 million for general corporate purposes and working capital. The offering is expected to close on November 13.

Portfolio Pulse from Henry Khederian

November 09, 2023 | 3:10 pm

Wearable Devices Ltd. (NASDAQ:WLDS) has announced the pricing of a $2M underwritten public offering of 4,444,444 shares at $0.45 per share. The proceeds will be used for working capital and general corporate purposes. Aegis Capital Corp. has been granted a 45-day option to purchase up to 15% of the shares sold in the offering to cover over-allotments. The offering is expected to close on November 13, 2023.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 2:18 pm

Wearable Devices Ltd. (NASDAQ:WLDS) has announced its intention to offer its securities in a firm commitment underwritten public offering. The net proceeds from this offering will be used for working capital. The company also expects to grant Aegis Capital Corp. a 45-day option to purchase additional ordinary shares of up to 15% of the number of ordinary shares sold in the offering to cover over-allotments.

Portfolio Pulse from Charles Gross

November 08, 2023 | 10:59 pm

The article lists the stocks that gained and lost the most in Wednesday's mid-day session. GAN Limited (NASDAQ:GAN) surged 83.9% after agreeing to be acquired by Sega Sammy Creation. Blade Air Mobility, Inc. (NASDAQ:BLDE) surged 27.3% after reporting strong Q3 FY23 revenue growth. On the other hand, DURECT Corporation (NASDAQ:DRRX) shares fell 75.5% after its Phase 2B AHFIRM trial did not achieve statistical significance. FTC Solar, Inc. (NASDAQ:FTCI) fell 62.8% after reporting Q3 earnings and announcing the departure of its CEO and CFO.

Portfolio Pulse from Lisa Levin

November 08, 2023 | 6:41 pm

The article lists the stocks that gained and lost the most in Tuesday's mid-day session. Among the gainers were PaxMedica, Senti Biosciences, Tharimmune, TransMedics Group, and Singular Genomics Systems. Among the losers were Ventyx Biosciences, Alto Ingredients, Worldwide Webb Acquisition Corp, Oportun Financial Corporation, and Royalty Management Holding Corporation.

Portfolio Pulse from Lisa Levin

November 07, 2023 | 6:10 pm

Wearable Devices has announced a new technology feature for its Mudra Band, which will allow users to control Apple TV devices using touchless hand movements.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 12:55 pm

Wearable Devices has received a purchase order from a leading Japanese industrial automation company. The amount of the order has not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 12:22 pm

Wearable Devices Ltd. (NASDAQ:WLDS) has announced the integration of a gesture and voice-controlled interface for its Mudra Band for Apple Watch. The new feature allows users to control their devices using voice commands and spatial gestures, leveraging Apple's AI-based digital assistant, Siri. The company's AirTouch technology recognizes hand and finger movements, enabling users to adjust settings such as volume and brightness effortlessly.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 12:27 pm

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