Shares of several companies in the broader consumer discretionary sector, including Vuzix Corp VUZI, are trading higher as stocks rebound from recent weakness. Stocks have experienced volatility this year amid Fed policy tightening measures.
Vuzix will also host a conference call regarding a new major corporate development Wednesday at 4:30 pm ET.
Markets were otherwise trading lower last week amid continued volatility as investors digest the latest U.S. inflation data, which came in higher-than-expected.
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Vuzix is a supplier of Smart Glasses and Augmented Reality (AR) technologies and products for the consumer and enterprise markets.
According to data from Benzinga Pro, Vuzix has a 52-week high of $20.30 and a 52-week low of $3.88.
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