• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Saturday, May 17, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Markets

Security robot maker Knightscope’s stock posted a 176% gain after its disappointing debut

by Prattay Mazumdar
January 30, 2022
in Markets
Reading Time: 2 mins read
0
Digidog
TwitterWhatsappLinkedin
(Image Credits: ec.europa.eu)

Knightscope, Inc. (NASDAQ: KSCP) shares are exchanging higher on post-IPO instability.

You might also like

“We came close,” admits Sundar Pichai about Google’s near acquisition of Netflix

Weekly Business News: From Antfin’s exit from Paytm to Zerodha on the Nasdaq Tower

Weekly Funding News: Indian startups raised $152 Mn this week; from Groww to Hocco

The organization’s stock opened for exchanging the previous meeting at around $14.44 per share before rapidly auctioning off.

Knightscope today reported one of the biggest security organizations in the United States and Knightscope channel accomplice, Securitas, added a Knightscope K5 to the security program of one of the biggest money organizations in the country.

Knightscope is a high-level security innovation organization situated in Silicon Valley that forms completely independent security robots that hinder, distinguish and report.

Knightscope’s stock was exchanging around 125% higher at $13.30 per share on Friday at the hour of distribution. The stock has a high of $15.48 and a low of $5.91.

Knightscope’s stock likewise experienced outrageous instability after it opened up to the world this week – though on a lot more limited size than Credo.

Knightscope (KSCP) quit for the day on the Nasdaq Global Market on Friday and hopped around 44% in night-time exchanging, in the wake of falling over half on Thursday. Thus, the stock cost was multiple times higher than its Thursday shutting cost.

Knightscope, which followed the surprising way of raising assets by means of its site prior to opening up to the world, raised $22.4m on its IPO by selling 2.4 million offers at $10 each.

The Knightscope IPO valued portions of KSCP stock at $10 each. Notwithstanding, that cost immediately dropped after its public introduction on Thursday. That brought about the organization’s stock sitting at $5.91 when the end chime rang yesterday. Knightscope’s primary spotlight is on Autonomous Security Robots (ASRs). These are robots that can go on security watches without the requirement for a pilot. They likewise offer constant information and go about as an actual presence that can give data to security groups quicker. The robots are made in the U.S. what’s more serve clients in the country.

That incorporates watching parking garages, shopping centers, clinics, and business grounds. There is an assortment of models accessible with less expensive choices for clients that don’t need versatility. Knightscope claims that its ASRs bring about a 46% abatement in revealed wrongdoing. William Li and Stacy Stephens established the organization in 2013. The two were enlivened by 9/11, just as the Sandy Hook Elementary School shooting, to make another sort of safety for clients. A significant advantage of the ASRs is their capacity to report dubious exercises, just as sweep tags. Exchanging today has nearly 5 million portions of KSCP stock evolving hands. KSCP stock is up 53.6% starting on Friday evening.

There’s more securities exchange news for financial backers to dive into beneath!

 

Tags: IPOknightscopeMarkets
Tweet54SendShare15
Previous Post

Earnings Winners and Sinners of the week – 24 Jan to 28 Jan, 2022

Next Post

Tesla Stock Sinks and Cathie Wood’s ARK Gets Back to Buying

Prattay Mazumdar

Prattay is a Journalism and mass communication student. He is a deadline-oriented journalist with a passion for telling unique stories. Prattay is currently working as an intern at Techstory and can be reached at [email protected] .

Recommended For You

“We came close,” admits Sundar Pichai about Google’s near acquisition of Netflix

by Ishaan Negi
May 17, 2025
0
Another milestone in Sundar Pichai’s journey as AI boom gets him close to billionaire status

In a rare moment of candid reflection, Google CEO Sundar Pichai recently disclosed that the tech titan once came very close to acquiring Netflix — a move that,...

Read more

Weekly Business News: From Antfin’s exit from Paytm to Zerodha on the Nasdaq Tower

by Ishaan Negi
May 17, 2025
0
Weekly Business News: Top business updates in this week

As global politics, business strategy, and technology intersect in new ways, India is increasingly finding itself at the heart of key developments—ranging from Big Tech’s manufacturing decisions to...

Read more

Weekly Funding News: Indian startups raised $152 Mn this week; from Groww to Hocco

by Ishaan Negi
May 17, 2025
0
Weekly Startup Funding News: Indian startups raised $196 Mn this week; from Emiza to Leap

After a sharp uptick the previous week, the Indian startup funding ecosystem witnessed a dramatic pullback in momentum.

Read more
Next Post
Tesla Model X Plaid proves quicker than claimed in real-world 0-60 mph test

Tesla Stock Sinks and Cathie Wood’s ARK Gets Back to Buying

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?