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Socket Mobile Stock Surges On iPhone 12 Scanner Launch

Shares of Socket mobile are climbing premarket after the company announced its new DuraSled product, an enterprise-grade barcode scanner for the iPhone 12, iPhone 12 Pro, iPhone 12 Pro Max, and iPhone 12 Mini.

The company said its case “protects phones from drop damage and provides a robust, versatile charging solution suitable for all workplace environments,” with the product suitable for delivery services, stock counting, ticketing, and other application-driven mobile devices.

Employers whose workers used the iPhone 12 can also support older iPhones such as the 6, 7, 8, 10, and 11, using the same chargers and accessories.

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The company said the DuraSled will be available in three models, the DS800, DS840, and DS860.

“An ever-increasing number of companies count on iPhone applications to run their businesses,” commented Vanessa Lindsay, Socket’s Senior Product Manager.

“Companies need to support a wide range of devices, especially if they offer their employee the option to use their own. The DuraSled turns your iPhone into a one-handed solution that combines the versatility of the iPhone and the power of an enterprise-grade scanner,” added Lindsay.

Socket Mobile’s shares have surged over 92% premarket trading at $6.25.

Sam Boughedda
Team Member

Sam is a trader and lead stock market writer at AskTraders. After starting his career in the forex market, Sam now focuses on stocks, specifically consumer staples.