Most alerts from the NYPD's gunfire detection system are unconfirmed shootings, city audit finds [Yahoo! Finance]
ShotSpotter, Inc. (SSTI)
Last shotspotter, inc. earnings: 2/18 04:05 pm
Check Earnings Report
US:NASDAQ Investor Relations:
ir.shotspotter.com
Company Research
Source: Yahoo! Finance
is sending police officers to respond to loud noises that don't turn out to be confirmed shootings 87 percent of the time, a city audit released Thursday has found. The low rate of confirmed shootings through ShotSpotter means police officers spent thousands of working hours responding to unfounded reports of gunfire, said New York City Comptroller Brad Lander, whose office conducted the audit. “The evidence shows that NYPD is wasting precious time and money on this technology and needs to do a better job managing its resources,” he said in a statement. “Chasing down car backfires and construction noise does not make us safer.” Among other recommendations, the Democrat called for the city not to renew its contract with SoundThinking, the California-based company that developed ShotSpotter, unless a more thorough performance evaluation is conducted. The NYPD paid the company more than $45 million between 2014 and 2023, according to the comptroller's office. A three-year renewal
Show less
Read more
Impact Snapshot
Event Time:
SSTI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SSTI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SSTI alerts
High impacting ShotSpotter, Inc. news events
Weekly update
A roundup of the hottest topics
SSTI
News
- Man shot in the leg in Lincoln-Lemington-Belmar [CBS News]CBS News
- ShotSpotter tech is overwhelmingly inaccurate, NYPD audit shows [CBS News]CBS News
- Police announce arrest in connection to deadly Arlington Height shooting [CBS News]CBS News
- More blue cities using drones for some 911 calls, expert says: ‘They can't get cops' [FOX News]FOX News
- ShotSpotter Alerts Waste NYPD Officers’ Time, Audit Says [The New York Times]The New York Times
SSTI
Earnings
- 5/14/24 - Miss
SSTI
Sec Filings
- 6/26/24 - Form 4
- 6/26/24 - Form 4
- 6/26/24 - Form 4
- SSTI's page on the SEC website