Socket Mobile shares surge 11.40% after-hours following XtremeScan v16e industrial scanner launch.

Socket Mobile Inc. (SCKT) surged 11.40% in after-hours trading following the announcement of its newly launched XtremeScan v16e industrial barcode scanners, reported by PR Newswire seven days prior. The product launch, emphasizing durable and advanced scanning technology, aligns with the company’s strategy to expand its industrial data capture solutions. Additionally, insider investment activity flagged 21 days ago by Simply Wall St. may have reinforced positive sentiment, though the immediate catalyst appears to be the recent innovation in hardware offerings. The move contrasts with prior negative performance tied to earnings misses and balance sheet challenges, suggesting renewed market confidence in Socket Mobile’s product roadmap and operational resilience.