Why Vivint Smart Home Popped 28.1% Today

·1-min read
Why Vivint Smart Home Popped 28.1% Today

Shares of home-security company Vivint Smart Home (NYSE: VVNT) jumped as much as 28.1% in trading on Friday after the company reported first-quarter 2021 financial results. But the fact that the company is still losing nearly $100 million per quarter is not a good sign for operations long term.