Why Remark's Stock Is Trading Higher Today

Remark Holdings Inc MARK shares are trading higher on Tuesday.

The company tweeted images commenting the Federal Communications Commission has approved Remark AI its contactless temperature scanners.

Remark Holdings delivers an integrated suite of AI solutions that enable businesses and organizations to solve problems, reduce risk and deliver positive outcomes. The company's easy-to-install AI products are being rolled out in a range of applications within the retail, financial, public safety, and workplace arenas.

The company also owns and operates digital media properties that deliver relevant content and e-commerce solutions.

Remark shares were trading up 19.37% at $2.65 at time of publication on Tuesday. The stock has a 52-week high of $3.56 and a 52-week low of 25 cents.