Benzinga | Sep 16, 2020 10:19AM EDT

Why Kopin's Stock Is Trading Higher Today

Kopin (NASDAQ:KOPN) shares are trading higher on Wednesday after the company announced it received a $22.9 million order for the FWS-I eyepiece assembly.

Kopin is a developer, manufacturer and seller of components, subassemblies, head-worn and hand-held systems. It serves for soldier, avionic, armored vehicle and training and simulation military applications and others. The company's product portfolio includes LCD; ferroelectric liquid crystal on silicon devices (FLCoS); Organic Light Emitting Diodes (OLED) and others. Geographically, it derives a majority of revenue from the Americas and also has a presence in Asia-Pacific; Europe and other countries.

Kopin shares were up 14.86% at $1.58 at the time of publication on Wednesday. The stock has a 52-week high of $2.16 and a 52-week low of 19 cents.