Wrap Technologies jumps on purchase order for WRAP Reality

Wrap Technologies

31/01/2022 18:43

** Shares of security tech developer  WRAP.O  rise as much
as 10% to $10.4 after co receives purchase order for WRAP
Reality  urn:newsml:reuters.com:*:nGNX6qsJbg
    ** Stock last up 8.1%, on course for second consecutive
session of gains
    ** WRAP Reality is co's fully immersive, virtual reality
training simulation system 
    ** It helps in roleplaying a scenario through an immersive
and authentic simulator that helps police officers implement
de-escalation tactics and enables them to practice ending
situations without causing injury
    ** Co has received purchase order from College Police
Department in Pennsylvania
    ** Shares of WRAP had tumbled ~39% on Jan 24 after co said
its CEO, chairman and some board members are leaving in
management shakeup  urn:newsml:reuters.com:*:nL4N2U43FV
    ** WRAP shares had fallen ~19% last year 

 (Reporting by Ananya Mariam Rajesh in Bengaluru)
 ((AnanyaMariam.Rajesh@thomsonreuters.com;))