Remember the first time you used a Wii remote control and realized that playing video games would never be the same again? The company behind that technology was InvenSense (NYSE:INVN), which went public after that initial success.

Many people out there think InvenSense's technology -- which includes integrated gyroscopes, accelerometers, compasses, and pressure sensors -- could lead the new wave of wearable technology. With prospects like that, you'd expect the stock to be booming.

Though it has doubled since the beginning of 2013, InvenSense stock is only trading about 7% higher now than at the beginning of the year. To find out why, along with what investors should watch for moving forward, check out the slideshow below.