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Wearable Devices Ltd. Proposes Reverse Stock Split

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Wearable Devices Ltd. Proposes Reverse Stock Split

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Wearable Devices Ltd. ( (WLDS) ) has shared an update.

Wearable Devices Ltd. announced a Special General Meeting of Shareholders scheduled for February 26, 2025, to consider a proposal for a reverse stock split at a ratio of up to 6:1. The Board of Directors recommends voting in favor, as this move could impact the company’s stock management and market presence by consolidating shares, potentially increasing share value and meeting market compliance requirements.

More about Wearable Devices Ltd.

Wearable Devices Ltd. operates in the technology industry, specializing in the production and distribution of wearable technology products. The company focuses on developing innovative solutions for personal use and has a presence in the global market.

YTD Price Performance: -53.50%

Average Trading Volume: 884,185

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $3.24M

Find detailed analytics on WLDS stock on TipRanks’ Stock Analysis page.

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