ShotSpotter rebrands following stock's tumble after new Chicago mayor elected

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ShotSpotter Inc., whose technology is used by law enforcement to detect gunshots, has rebranded under a new name, after its stock tumbled following last...

ShotSpotter Inc., whose technology is used by law enforcement to detect gunshots, has rebranded under a new name, after its stock tumbled following last week’s Chicago mayoral election.

“ShotSpotter... ShotSpotter Inc., whose technology is used by law enforcement to detect gunshots, has rebranded under a new name, after its stock tumbled following last week’s Chicago mayoral election. “ShotSpotter established the acoustic gunshot detection category more than 25 years ago,” Chief Executive Ralph Clark said in a statement. “As the public safety landscape has evolved, we have evolved with it.”

The Chicago Sun-Times reported that Johnson had committed to end the deal, calling ShotSpotter technology “unreliable and overly susceptible to human error.” The newspaper also reported that CEO Clark reached out to the mayor-elect last week in hopes of continuing the company’s relationship with the city.

 

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Good idea, more shootings are exactly what Chicago was missing

Stock/crypto community/signals👉

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