Stock bumps show that public market investors are betting on companies selling tech to the police, as protests erupt across the US
that it had raised $12.4 million in a direct public offering, the company's stock jumped more than 20%.
Companies like Vislink Technologies and Cemtrex, which sell facial recognition and live video products, among other offerings, also saw their share prices rise. Investors have been flocking to the law enforcement software market, which was valued at $8.58 billion in 2018. The market has even been relatively resistant to the financial impact of the coronavirus on law enforcement spending. Some city governments that have been forced to cut chunks of their public spending have nevertheless chosen to leave police budgets relativelyBut the timing of the stock market gains is significant, as protests against the death of George Floyd erupt across the country.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
YouTube at 15: The inside story of YouTube's history - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Weiterlesen »
CVS has temporarily closed about 60 stores amid looting and protests - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Weiterlesen »
Luxury stores looted and vandalized amid George Floyd death protests - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Weiterlesen »
Nordstrom shut all stores after its flagship location was looted amid protests - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Weiterlesen »
McDonald's, Target, Apple, other big companies speak out amid protests - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Weiterlesen »
Stock futures flat as investors assess economy reopening amid civil unrestMany on Wall Street grew worried that the rising risks of the racial strife and U.S.-China tensions will reverse the market's massive comeback.
Weiterlesen »