Streetbeat News

LTCH

Latch Inc

Employees

316

Industry

Software Publishers

latch makes access easier for everyone at a modern building. we’ve combined decades of experience building the world’s most trusted locks with decades of experience designing iconic technology products. the result is strong, simple, and stunning.

Open

0.27

Mkt cap

54M

Volume

High

0.31

P/E Ratio

-0.34

52-wk high

0.95

Low

0.27

Div yield

N/A

52-wk low

0.01

Several IT stocks experienced significant movement in Wednesday's after-market session. AppLovin, Blend Labs, Alarm.com Holdings, LiveRamp Holdings, Actelis Networks, and Edgio saw gains, while PAR Technology, Movella Holdings, SeaChange International, Latch, Infinera, and OneSpan experienced losses. Most of these movements were associated with the release of Q2 earnings reports.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 9:32 pm

During Wednesday's pre-market session, several IT stocks experienced significant movement. Actelis Networks, Computer Task Gr, LivePerson, Gorilla Tech Gr, Blackboxstocks, and Rapid7 saw their stocks rise, with Actelis Networks leading with a 31.8% increase. On the other hand, Veritone, VIA optronics, Latch, Expensify, Super Micro Computer, and CEVA saw their stocks fall, with Veritone experiencing the largest decrease of 26.8%. The Q2 earnings reports for several of these companies were released recently.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 1:06 pm

During Monday's intraday session, several IT stocks experienced significant movements. Gainers included Sequans Communications (SQNS), Datasea (DTSS), Latch (LTCH), Applied Optoelectronics (AAOI), My Size (MYSZ), and Pagaya Techs (PGY). Losers included Tempo Automation Holdings (TMPO), Adtran (ADTN), WaveDancer (WAVD), Rigetti Computing (RGTI), Alpine 4 Holdings (ALPP), and Taoping (TAOP).

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 5:30 pm

In Friday's after-market session, several information technology stocks saw significant movement. Rubicon Technologies (NYSE:RBT), Ostin Technology Group (NASDAQ:OST), AEye (NASDAQ:LIDR), Ondas Holdings (NASDAQ:ONDS), Ascent Solar Technologies (NASDAQ:ASTI), and Latch (NASDAQ:LTCH) shares rose, while Tempo Automation Holdings (NASDAQ:TMPO), Datasea (NASDAQ:DTSS), Infobird Co (NASDAQ:IFBD), Wrap Technologies (NASDAQ:WRAP), Sigma Additive Solutions (NASDAQ:SASI), and FOXO Technologies (AMEX:FOXO) shares fell.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 9:32 pm

Latch, Inc. has informed Nasdaq that it does not expect to meet the deadline for filing delinquent financial reports. As a result, the company's shares are trading lower.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:57 am

During Wednesday's intraday session, several IT stocks experienced significant movements. WaveDancer, T Stamp, AEye, Freshworks, Rubicon Technologies, and Clear Secure saw gains, while Latch, Cambium Networks, MeridianLink, XIAO-I, SolarEdge Technologies, and D-Wave Quantum experienced losses. Q2 earnings reports were recently released for Freshworks, Clear Secure, Cambium Networks, MeridianLink, and SolarEdge Technologies.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 11:50 am

The Dow Jones fell over 100 points, with NASDAQ and S&P 500 also experiencing drops. Phillips 66 reported better-than-expected Q2 results, with an EPS of $3.87 and revenue of $35.74 billion. WaveDancer, T Stamp, and TRxADE HEALTH saw significant stock increases, while Adamis Pharmaceuticals, Cambium Networks, and Latch experienced drops. Adamis announced the pricing of an $8 million public offering, Cambium reported worse-than-expected Q2 results, and Latch does not anticipate regaining compliance with its periodic filing obligations before its deadline.

Portfolio Pulse from Lisa Levin

August 04, 2023 | 11:22 am

In Wednesday's pre-market session, several IT stocks saw significant movement. WaveDancer (WAVD), Rubicon Technologies (RBT), AEye (LIDR), Clear Secure (YOU), Freshworks (FRSH), and T Stamp (IDAI) stocks increased, with WaveDancer leading the gainers with a 123.6% increase. On the other hand, Cambium Networks (CMBM), Latch (LTCH), SolarEdge Technologies (SEDG), Dynatrace (DT), Sigma Additive Solutions (SASI), and XIAO-I (AIXI) stocks declined, with Cambium Networks leading the losers with a 32.8% decrease.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 11:15 am

Several IT stocks experienced significant movement in Tuesday's after-market session. Aspen Technology (AZPN), Freshworks (FRSH), Littelfuse (LFUS), SAI.TECH Global (SAI), Aurora Mobile (JG), and Advanced Micro Devices (AMD) saw gains, with Q2 earnings reports contributing to some of these increases. Conversely, Cambium Networks (CMBM), Latch (LTCH), SolarEdge Technologies (SEDG), IronNet (IRNT), Airspan Networks Hldgs (MIMO), and Otonomo Technologies (OTMO) experienced declines, with some attributing these to Q2 earnings reports.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 10:37 am

Latch, Inc. (NASDAQ:LTCH) has informed Nasdaq that it does not expect to meet its August 4, 2023 deadline for regaining compliance with its periodic filing obligations due to delays in restating its historical financial statements. As a result, Latch anticipates a delisting determination from Nasdaq and a suspension of its securities from trading on Nasdaq. The company expects its securities to be traded on the OTC Expert Market following the suspension. Latch has also commenced a reduction in force of approximately 59% of its full-time employees.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 10:33 am

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