Wearable Devices (NASDAQ: WLDS) stock soared over 25% on Monday after a report suggested the Mudra Band could be the neural bridge for Apple and Meta’s next smart glasses interaction phase.
The extended reality (XR) team of Wearable Devices (WLDS) has just released a report. This report provides a comprehensive review of the latest advancements in the wearable technology market.
The XR team of Wearable Devices reports an expansion in the smart glasses market. Major players such as Meta and Apple are driving this growth. The report confirms the UX approach and gesture set of Wearable Devices’ Mudra Band as the optimal standard for XR input methods.
The Mudra Band garnered significant attention last month at CES 2024, where it was hailed as the “Best Wearable” device by prominent technology media outlet SlashGear.
The Mudra Band is a watch band alternative, seamlessly linking with various devices within a user’s Apple ecosystem through Bluetooth connectivity. The gadget employs Surface Nerve Conductance sensors to detect neural signals conveyed to the brain via the wrist and finger motions of the user, transforming these gestures into practical commands for managing Apple devices.
Wearable Devices (NASDAQ: WLDS) Stock Reaction
WLDS stock surged 26.35% to close at $0.58 on Monday. The traders had exchanged hands with 35,004,355 (35 million) shares compared to the average daily trading volume of 693.15K.
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