Apple’s Smart Home Ambitions Hammer REZI, ARLO and ALLE Stocks: Here’s What’s Happening

Shares of smart home and security companies fell Wednesday on the news that Apple Inc. (NASDAQ:AAPL) is reportedly developing a lineup of connected home devices with LG Electronics.

REZI, ARLO, ALLE Lead the Slide Resideo Technologies Inc. 56 on Wednesday.

It sells thermostats and other temperature controls, smoke and carbon monoxide detectors, security products, and video cameras. 44 in premarket trading on Thursday.

51% over the past year. Arlo Technologies Inc.

95 on Wednesday and was flat in premarket trading Thursday. It makes Wi-Fi-enabled security cameras, video doorbells, floodlight cameras and home security systems.

76% over the past year. 91.

com Holdings Inc. (NASDAQ:ALRM) provides software that runs smart home security, video, locks and thermostats for service providers.

68. 93, and Carrier Global Corp.

96% to $55. 81% over this year and the past year, respectively.

-owned (NASDAQ:GOOG) (NASDAQ:GOOGL) Google’s Nest products, which already include doorbells, cameras, thermostats and other connected-home devices. 34 on Thursday.

5 on Wednesday. 09.

59 in early pre-market trading on Thursday. Benzinga Edge rankings indicate Apple’s stock has a Momentum score in the 87th percentile and a Growth score in the 40th percentile.

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