Problems at Vuzix (VUZI)

Mar 04, 2021

∙ Paid

Vuzix (NASDAQ: VUZI — $1.01 billion), an augmented reality glasses company, is up around 1,200% over the last twelve months on retail investor enthusiasm and a recent investment from ARK Invest. Vuzix’s history includes consistent unprofitability, serial dilution, a short-seller lawsuit, a 75-for-1 reverse split, 591 press releases, an OTC to NASDAQ upl…