Shares of Wearable Devices Ltd (NASDAQ:WLDS) are surging Wednesday morning following two company announcements. Here’s what investors need to know.
What To Know: The company revealed it has been granted a U.S. patent for its innovative “Gesture and Voice Controlled Interface Device,” a technology that combines voice commands, gesture control and biometric authentication for user interaction with wearables and other smart devices.
The company says this patented technology aims to enhance user experience in high-growth sectors, including consumer electronics and enterprise applications.
What Else: Wearable Devices on Tuesday announced its financial results for the first half of 2025 with sales of $294,000. This was driven by the initial sales of its Mudra Band for Apple Watch and new B2B collaborations.
The company also highlighted strategic advancements, including an expansion into the Japanese market and the launch of a project to adapt its technology for military applications.
Price Action: According to data from Benzinga Pro, WLDS shares are trading higher by 842% to $9.60 Wednesday morning. The stock has a 52-week high of $27.00 and a 52-week low of $1.00.
Read Also: Benzinga’s ‘Stock Whisper’ Index: 5 Stocks Investors Secretly Monitor But Don’t Talk About Yet
How To Buy WLDS Stock
By now you're likely curious about how to participate in the market for Wearable Devices – be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.
In the case of Wearable Devices, which is trading at $9.60 as of publishing time, $100 would buy you 10.42 shares of stock.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.
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