Wearable Devices (WLDS) stock became one of the top trending tickers on Stocktwits, attracting fresh investor attention after the stock marched past the $10 resistance level in Friday’s premarket.
The stock became the second-most trending ticker on Stocktwits. The company specializes in AI-powered, touchless human-computer interaction. Its products, the Mudra Band and Mudra Link, use proprietary sensors and AI to enable gesture-based, intuitive control of digital devices across various platforms.
Retail sentiment toward Wearable Devices stock remained in ‘extremely bullish’ territory amid ‘extremely high’ message volume levels.
The stock saw a 32,000% explosion in user message count over the past week. Stocktwits users commended the stock breaking into $10.00 price.
The run-up to the $10.00 mark was preceded by a slew of news acting as major catalysts. On Thursday, the company said it has entered into a securities purchase agreement with a single institutional investor for the purchase and sale of one million ordinary shares at a purchase price of $4 per share in a registered direct offering. The net proceeds from the offering will be used for working capital and general corporate purposes.
On September 10, Wearable Devices secured a patent titled "Gesture and Voice-Controlled Interface Device,” from the United States Patent and Trademark Office, sending the stock into an upward spiral.
The company said the newly granted patent enables a more natural and intuitive way for people to interact with smart devices, including smartphones, laptops, and extended reality systems.
Wearable Devices' stock has lost 7% in 2025 and over 67% in the last 12 months.
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