Wearable Devices (NASDAQ:WLDSW) Shares Down 8.8% – Here’s Why

Wearable Devices Ltd. (NASDAQ:WLDSWGet Free Report) shares traded down 8.8% during mid-day trading on Friday . The stock traded as low as $1.11 and last traded at $1.35. 2,028 shares were traded during trading, a decline of 6% from the average session volume of 2,161 shares. The stock had previously closed at $1.48.

Wearable Devices Stock Down 8.8%

The firm’s 50-day simple moving average is $1.64 and its 200 day simple moving average is $2.33.

About Wearable Devices

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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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