Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Vuzix Stock Was Tumbling on Tuesday

TheMotleyFool

0 0

Vuzix (NASDAQ: VUZI) took a tumble on Tuesday after the company reported disappointing earnings results. Shares of the augmented reality glasses company were down as much as 18.4% on the news. As of 12:14 p.m. EDT, the stock is down 13.3% for the day.

Vuzix announced its second-quarter 2021 earnings after the close on Monday, Aug. 9. Earnings per share came in at a loss of $0.14, which was worse than the $0.10 loss analysts were expecting. This earnings miss is likely a big reason Vuzix stock was down on Tuesday.

Image source: Getty Images.

Source Fool.com

Like: 0

VUZI

Share