In the last trading session, InnerScope Hearing Technologies, Inc.’s [INND] stock rose +39.47% to $0.0318. The trading volume of 868.698M shares on the day exceeded the average 30-day volume of 540.47M. The stock’s worth remained between $0.0001 and $0.0980 during the last 52-week period.
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Company profile:
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- In a small but rapidly expanding hearing aid maker, InnerScope is rapidly expanding its market share in the hearing aid industry.
- Technology and decades of profitable industry experience have been unlocking scale and efficiency in an antiquated and fragmented market by InnerScope, thereby creating value for its stakeholders.
- Their direct-to-customer model revolutionizes the industry in a significant way with Walmart.com, Sears.com, and Kmart.com relationships representing rapid surges in the purchasing of hearing aids.
- Additionally, InnerScope plans to continue opening, purchasing, and operating its physical chain of hearing aid clinics.
- Throughout the entire hearing impaired vertical from R&D and manufacturing to direct consumer sales and services, InnerScope’s mission is to serve about 1.2 billion people suffering from 25db or greater hearing loss throughout the world.
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Recent developments:
The stock surged on Monday after some tweets by the company on weekend about its recent developments. The company’s tweets unveiled that:
- INND will be launched with two NYSE retailers.
- The first retailer launch is coming out in about 3 to 4 weeks, and the second one is coming out in late March/early April, with additional retailers coming out in late spring.
- The first batch of Hearing Screening Kiosks is being shipped this month, will be installed in mid-March and will go live on April 2nd.
- The “Huge Growth” will come with the preparation of in-store displays of new products.
- The Main Kiosks are manufactured in Wisconsin & shipped to retailers directly from the manufacture.
- A new kiosk version, designed specifically for the retailer on its request, will be arriving in Long Beach Harbor this week.