Remark Holdings MARK Stock News

Remark Holdings Inc (NASDAQ: MARK) has been an interesting stock to watch as of late. After announcing that its AI-based thermal imaging tech has begun shipping to customers, investor excitement hit and the stock roared for the top.

On Friday, we saw a bit of a dip, but that was likely nothing more than an opportunity to get in on gains at a discount. Nonetheless, the stock is starting to move up yet again today. Here’s what’s going on:

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Why Investors Are So Excited About MARK Stock

As mentioned above, Remark said recently that it had begun shipping its thermal imaging tech to customers in the United States and Japan. So, what’s so big about that news?

Well, in the face of the COVID-19 pandemic, we’re seeing efforts to stop the spread of the virus in any way possible. The company’s thermal imaging tech could be an important weapon in the fight against the virus.

We’ve all heard that one of the symptoms of the coronavirus is a fever. As such, many doctor’s offices, stores, and other facilities are checking temperatures of customers before they walk through the doors into their buildings.

This is an important step, but it puts the person checking the temperature in danger of infection. That’s where the technology that MARK developed comes in.

The AI-based thermal imaging tech means that no human interference is required. Essentially, the technology gives companies like Walmart the ability to screen the temperatures of massive amounts of customers as they walk through the door without creating lines that back up or putting the person holding the thermometer in danger.

That’s incredibly valuable in today’s pandemic riddled environment.

A Focus On Walmart

Lately, investors have focused on the implications of the relationship between MARK and Walmart. After all, walmart is one of the world’s largest retailers, and due to the relationship, Remark technologies are likely to be used by the massive retail chain. However, that’s just the tip of the iceberg.

The truth of the matter is that as we continue to work through the COVID-19 pandemic, this tech is overwhelmingly important. Airports, hospitals, restaurants, sporting events, concerts and other venues, schools, prisons, and more will benefit greatly through the use of AI thermal imaging.

Considering this, even though investors have sent MARK stock through the roof as of late, there’s plenty more room for the stock to move up as investors realize the wide-spread implications of such an important piece of technology. All in all, if you’re not paying attention to MARK stock, now is the time to start.

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