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Nextech AR Solutions Corp (OTCMKTS:NEXCF) Stock Falls 30% in a Month

Jon Williams , , , ,

The Nextech AR Solutions Corp (OTCMKTS:NEXCF) stock has been in the middle of a selloff over the course of the past month and during that period it is has declined by as much as 30%. However, on Thursday the company made a key announcement that could prove to be a positive trigger for investors and it might be a good idea to take a closer look at it.

The company announced yesterday that it has started the process of integrating HoloX, a mixed reality product into HoloLens2, a human hologram solution. More importantly, the company also announced that the integrated product is going to be made available at some point in September this year.

It is a major new development for the company considering the fact that users are going to be able to control the application through hand gestures and even eye tracking. In addition to that, it is also necessary to note that the integrated product is the very first product that has been developed by the AR Innovation Labs at the company.

Hence, there is expected to be considerable focus when the product is eventually made available next month. Investors could do well to keep an eye on the stock over the coming days.

Jon Williams

Jon graduated from the University of Michigan with a degree in finance. He is an avid investor and enjoys reporting on the markets. When he is not in front of a computer he enjoys playing golf and watching basketball.