5 Cheap New Stocks To Buy

2. Innovative Eyewear, Inc. (NASDAQ:LUCY)

Price: $1.27

Price Decline Over the Past Six Months: 75%

Number of Hedge Fund Holders: 3

Innovative Eyewear, Inc. (NASDAQ:LUCY) is a Florida-based company that went public in 2022. Innovative Eyewear, Inc. (NASDAQ:LUCY) sells eye glasses and smart glasses. In December, Innovative Eyewear, Inc. (NASDAQ:LUCY) entered into a partnership with Authentic Brands Group to license Eddie Bauer outdoor smart eyewear.

3 hedge funds in our database had stakes in Innovative Eyewear, Inc. (NASDAQ:LUCY) as of the end of the third quarter. The total value of these stakes was $882,000.