Warby Parker (WRBY) Soars 9.4% on Strong AI Glasses Demand

Group 1 - Warby Parker Inc. (NYSE:WRBY) experienced a significant stock increase of 9.44% to close at $29.09, driven by strong demand for artificial intelligence glasses [1][4] - During intra-day trading, Warby Parker's stock reached $30, nearing its 52-week high of $31, following announcements from Meta Platforms and EssilorLuxottica about ramping up production of AI-powered glasses [2] - The company is set to launch its own AI glasses in partnership with Google, which will feature multimodal AI with both prescription and non-prescription lenses [3] Group 2 - Under the agreement with Google, Warby Parker will design and develop the AI glasses, with Google providing $75 million for product development and an optional additional $75 million investment contingent on milestone achievements [4] - Investment firm TD Cowen has maintained a "buy" recommendation for Warby Parker, increasing its price target by 8% due to optimism surrounding the company's AI glasses [5]