Market Overview

Why Alarm's Stock Is Trading Lower Today

Why Alarm's Stock Is Trading Lower Today (NASDAQ: ALRM) shares were trading lower on Monday.

The move is likely triggered by the news that ADT (NYSE: ADT) is partnering with Alphabet Inc. (NASDAQ: GOOGL)(NASDAQ: GOOG) to create smart home security offerings. provides a software-as-a-service, or SaaS, platform solution for the connected home. The platform allows home and business owners to secure their properties and automate and control an array of connected devices. SaaS and license fees from service providers, who resell these services and pay a monthly subscription, are the largest sources of revenue for the firm.

The SaaS platform also caters to the service provider by offering enterprise-grade business-management solutions to expand and manage its customer base. stock was trading down 18.52% to $57.07 per share on Monday during the time of publication. The stock has a 52-week high of $74.66 and a 52-week low of $32.


Related Articles (ALRM)

View Comments and Join the Discussion!

Posted-In: why it's movingNews Movers Trading Ideas

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at