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

In Friday's pre-market session, several information technology stocks saw significant movement. WidePoint (WYY), Data Storage (DTST), Marin Software (MRIN), Phunware (PHUN), Domo (DOMO), and Casa Systems (CASA) all saw increases, with WidePoint leading the gainers with a 13.6% increase. Sigma Additive Solutions (SASI), Porch Group (PRCH), Cyngn (CYN), Latch (LTCH), ARB IOT Group (ARBB), and Mercurity Fintech Holding (MFH) all saw decreases, with Sigma Additive Solutions leading the losers with a 33.0% decrease.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 1:05 pm

During Monday's intraday session, several information technology stocks experienced significant movement. Rigetti Computing (RGTI), D-Wave Quantum (QBTS), Black Knight (BKI), Evolv Technologies (EVLV), Tingo Group (TIO), and Latch (LTCH) saw gains, while UTime (UTME), Gorilla Tech Gr (GRRR), Soluna Holdings (SLNHP & SLNH), Cepton (CPTN), and CLPS (CLPS) experienced losses.

Portfolio Pulse from Benzinga Insights

July 17, 2023 | 5:31 pm

During Thursday's intraday session, several information technology stocks experienced significant movements. Gainers included Latch (LTCH), Greenidge Generation Hldg (GREE), Kingsoft Cloud Hldgs (KC), Quantum Computing (QUBT), Ondas Holdings (ONDS), and TeraWulf (WULF). Losers included Viasat (VSAT), CLPS (CLPS), Greenidge Generation Holdings Inc. - 8.50% Senior Notes due 2026 (GREEL), Daktronics (DAKT), Mobilicom (MOB), and AuthID (AUID).

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 5:37 pm

During Wednesday's intraday session, several information technology stocks experienced significant movements. LivePerson (LPSN), Daktronics (DAKT), Rekor Systems (REKR), Aurora Innovation (AUR), Latch (LTCH), and Actelis Networks (ASNS) saw their shares rise, with LivePerson leading the gainers with a 27.6% increase. On the other hand, Gorilla Tech Gr (GRRR), UTime (UTME), Mobilicom (MOB), FOXO Technologies (FOXO), Taoping (TAOP), and Powerbridge Technologies (PBTS) saw their shares decline, with Gorilla Tech Gr leading the losers with a 19.2% decrease.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 5:37 pm

Latch, Inc. has announced a new leadership team, which includes Jamie Siminoff, who is expected to become the company's CEO later this year. The company is listed on the stock market under the symbol LTCH.

Portfolio Pulse from Benzinga Newsdesk

July 10, 2023 | 8:07 pm

Latch, a smart access system provider, has announced that David Lillis will join the company as SVP of Finance on July 17, 2023, and is expected to take over as CFO later in the year.

Portfolio Pulse from Benzinga Newsdesk

July 10, 2023 | 8:06 pm

Latch plans to reduce its US and Taiwan-based workforce by approximately 59% by November 1, 2023. The company is also introducing a new leadership team, with Jamie Siminoff expected to become CEO later this year. Latch aims to leverage a more efficient, remote global workforce and reduce operational spend, with new US-based roles to be located in St. Louis.

Portfolio Pulse from Benzinga Newsdesk

July 10, 2023 | 8:02 pm

Latch, Inc. (NASDAQ:LTCH) has completed its acquisition of Honest Day's Work, a company dedicated to enabling residential service providers to operate more efficiently through technology. The deal was made in exchange for approximately 29 million shares and a $22 million aggregate principal amount. Latch also acquired all of HDW's assets, including its intellectual property and $8 million in cash. About 30 HDW team members joined Latch, and Jamie Siminoff, Ring founder and HDW's head, is expected to become Latch's CEO later this year.

Portfolio Pulse from Nabaparna Bhattacharya

July 03, 2023 | 4:58 pm

In Monday's pre-market session, several information technology stocks showed significant movement. ACM Research, AEye, WeTrade Group, Latch, Applied Optoelectronics, and Marin Software saw gains, while BTCS, WM Tech, CalAmp, Astrotech, and SatixFy Communications experienced losses.

Portfolio Pulse from Benzinga Insights

July 03, 2023 | 1:12 pm

Latch has regained compliance with Nasdaq's minimum bid price requirement, as its stock price has met the required threshold.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 9:10 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.