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home / news releases / SMRT - SmartRent: An Activist Emerges

SMRT - SmartRent: An Activist Emerges

SmartRent Inc. Class A

2024-05-17 14:39:58 ET

Summary

  • Today, we revisit SmartRent as the company has just received some activist pressure to put the company up for sale.
  • While still unprofitable, the company is making some progress in reducing losses and has a pristine balance sheet.
  • An updated analysis around SmartRent follows in the paragraphs below.

Today, we circle back on SmartRent, Inc. ( SMRT ) for the first time in a bit over six months since our last article on this small-cap concern and Busted IPO. The stock has got a bit of pop this week as an activist has emerged calling for the sale of the company. Is this the catalyst the company's long-beleaguered shareholders have been awaiting, or will it just turn out to be " fool's gold" in the end? An updated analysis around SmartRent follows below....

For further details see:

SmartRent: An Activist Emerges
Stock Information
Company Name: SmartRent Inc. Class A
Stock Symbol: SMRT
Market: NASDAQ
Website: smartrent.com
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