LTCH Stock Recent News
LTCH LATEST HEADLINES
I initiated positions in Dave & Buster's and Lovesac. I also unloaded what had become the riskiest stock in my portfolio.
After losing some value lately, a hammer chart pattern has been formed for Latch, Inc. (LTCH), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.
There are two stocks in this Fool's portfolio that have big unanswered questions.
The bond market is pricing in a sharp deceleration in inflation over the next year, as aggressive tightening by the Federal Reserve to counter the steepest surge in prices in a generation ramps up recession concerns.
Latch is a small-cap real estate tech company with a market cap of $165M. The company continued their rapid revenue growth in Q1.
Latch is growing quickly, but at a significant cost. The company's cash burn is quickly consuming existing cash and equivalents.
The smart lock company just laid off a huge chunk of its workforce, and keeps lowering its forward guidance.
NEW YORK, June 01, 2022 (GLOBE NEWSWIRE) -- Latch, Inc. (NASDAQ: LTCH), maker of LatchOS, the full-building enterprise software-as-a-service (SaaS) platform, today announced that Luke Schoenfelder, Co-Founder, CEO, and Chairman of the Board of Directors, is scheduled to present at William Blair's 42nd Annual Growth Stock Conference at 3:40 p.m. ET on June 8, 2022.