Wearable Devices Ltd (WLDS)

Wearable Devices Ltd Stock (WLDS) dropped by 53.69% from $0.9199 to $0.426 in the trading on Thursday November 9, 2023. The reason why WLDS stock down today is due to the public offering. The company announced a public offering of 4,444,444 ordinary shares at a price of $0.45 per share. It intends to use the net proceeds from this offering for working capital.