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An announcement from Vuzix ( (VUZI) ) is now available.
Vuzix Corporation announced the granting of restricted stock units (RSUs) to its top executives and management employees as part of its 2023 Equity Incentive Plan. This move, pending shareholder approval, involves surrendering previously granted unvested options and aims to align management incentives with performance goals, potentially impacting the company’s operational strategy and shareholder value.
More about Vuzix
Vuzix Corporation operates in the technology industry, primarily focusing on the development and sale of augmented reality (AR) and virtual reality (VR) devices. The company is known for its innovative smart glasses and wearable display products that cater to various markets including enterprise, healthcare, and consumer electronics.
YTD Price Performance: -0.72%
Average Trading Volume: 2,188,116
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $387.2M
See more insights into VUZI stock on TipRanks’ Stock Analysis page.
