Shares of several companies in the broader consumer discretionary sector, including Vuzix Corp (NASDAQ: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.
