Tech stocks: Luxottica shares up off Google Glass deal
Shares of the Italian eyewear maker Luxottica jumped in pre-market trading Tuesday after the company announced a partnership with Google to create new versions of Google Glass.
Luxottica stock is up 3.7% at $55.87 following news of its deal to create more stylish Google Glass designs. Google is also working with Ray-Ban and Oakley to develop frames.
This follows Google's partnership with Fossil Group to create smartwatches using the tech titan's Android Wear operating system for wearable devices.
The first Android Wear watches are expected to launch later this year.
Meanwhile, Candy Crush Saga maker King might provide prices for its initial public offering after the markets close Tuesday. Trading is expected to start tomorrow.
The stock -- which will trade on the New York Stock Exchange under the ticker symbol "KING" -- will be priced between $21 and $24 per share.
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