Why Vuzix Stock Spiked Today

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Shares of Vuzix (NASDAQ: VUZI) jumped during trading today after the company announced yesterday that it had received follow-on orders for its smart glasses.

The tech stock skyrocketed by as much as 16.8% today, and shares were up by 13.2% as of 2:28 p.m. EST.

Vuzix said in a press release yesterday that the company had received “multiple follow-on purchase orders this month” for the company’s M400 Smart Glasses from a leading European smart glasses software developer.

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