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Why Vuzix Stock Plummeted 19.3% in July

Why Vuzix Stock Plummeted 19.3% in July

Shares of Vuzix (NASDAQ: VUZI) fell 19.3% in July, according to data provided by S&P Global Market Intelligence. The augmented reality and smart glasses stock has gone on a wild ride so far in 2021. Vuzix stock started its meteoric rise this March when it announced new contracts with a major U.S. insurance company and The Cooper Companies, a medical device manufacturer.