Vuzix Corp (NASDAQ: VUZI) has the issue trading sharply higher.
The Company: Vuzix Corp is a supplier of smart glasses and augmented reality (AR) technologies and products for the consumer and enterprise markets. The company s products include personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality.
Gone Nowhere Until December: Even though Vuzix has traded as a public company since April 2010, it had gone nowhere until last December. After ending November at $4.35, it nearly doubled in December to $9.08 on the heels of its primary product (smart glasses) securing orders with several different companies.
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Verizon Communications (NYSE: VZ) has the issue firmly in the green in Wednesday’s session.
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