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WRTC - Wrap Technologies Stock Pops After Republican National Convention Speech
Wrap Technologies Inc.
Shares of remote-restraint device company Wrap Technologies(NASDAQ: WRTC) spiked higher on Tuesday, after this kind of technology was highlighted by a speaker at the Republican National Convention (RNC). While Wrap Technologies' flagship product, the BolaWrap, wasn't mentioned by name, the speech was a reminder that some view it as an important part of police reform.
As of 2:30 p.m. EDT, Wrap Technologies stock was trading 12% higher, though it had traded as much as 18% higher earlier in the session.