LTCH Stock Recent News

Latch went public during the SPAC boom but has performed poorly since then. This has come from continued negative gross margins, cash burn, and a failure to file quarterly earnings for its second and third quarters of fiscal 2022.

Global real estate developer Tishman Speyer will acquire smart-lock start-up Latch in a SPAC deal valuing Latch at more than $1.5 billion. Rob Speyer, Tishman Speyer president and CEO, and Luke Schoenfelder, CEO and founder of Latch, joined "Squawk Box" on Monday to discuss.

The spectacular decline in high-growth stocks have yielded a number of interesting net-net situations, including Latch, Inc. A conservative estimate of Latch's liquidation value is $1.17 a share, or as much as $1.38 in a best-case liquidation scenario.

These investments seem pretty vulnerable right now.

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.