ADT skyrockets 97% after announcing it will partner with Google on smart home security products (ADT)

Business Insider Monday, 3 August 2020 ()
ADT skyrockets 97% after announcing it will partner with Google on smart home security products (ADT)· *ADT on Monday announced that it will be partnering with Google on a new line of smart home security products. *
· *Shares of ADT surged as much as 97% in premarket trading Monday. *
· *Google will invest $450 million for a 6.6% ownership stake in ADT, securing a "mutual, long-term commitment to partnership," according...
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News video: ADT Stock Goes Up 97%

ADT Stock Goes Up 97% 00:36

 On Monday, ADT announced that it will be partnering with Google on a new line of smart home security products. Business Insider reports shares of ADT surged as much as 100% Monday to an all-time high of $17.21. Google will invest $450 million for a 6.6% ownership stake in ADT. The partnership will...