Intellicheck, Inc. Common Stock (IDN)
Intellicheck, Inc. (IDN) is a technology company specializing in identity verification and authentication solutions. They develop software that enables businesses to accurately verify the identity of individuals in real-time, helping to prevent fraud and ensure compliance across various sectors such as retail, financial services, and government agencies. Intellicheck's solutions leverage optical and digital verification methods to improve security and streamline access control.
Company News
The US identity verification market is projected to grow from $10.9 billion in 2023 to $21.8 billion by 2028, driven by the rising prevalence of digital fraud. Key players in the market include LexisNexis Risk Solutions, Equifax, and TransUnion.
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U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite gaining around 0.3% on Friday. The Dow traded down 0.49% to 39,585.67 while the NASDAQ rose 0.26% to 16,444.91. The S&P 500 also rose, gaining, 0.01% to 5,241.56. Check This Out: These 3 Risk Off Stocks With Over 3% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts  Leading and Lagging Sectors  Communication services shares jumped by 0.8% on Friday. In trading on Friday, real estate shares fell by 1.1%.  Top Headline  Shares of Lululemon Athletica Inc. (NASDAQ: LULU) fell more than 15% during Friday’s session after releasing fourth-quarter results. Lululemon posted better-than-expected results for its fourth quarter, but issued a weak forecast for the first quarter. The company said it sees first-quarter revenue in the range of $2.175 billion to $2.2 billion versus estimates of $2.25 billion. The company anticipates first-quarter earnings of $2.35 to $2.40 per share versus estimates of $2.55 per share, according to data from Benzinga Pro.  Equities Trading UP  Summit Midstream Partners, LP (NYSE: SMLP) shares shot up 38% to ...
IDN earnings call for the period ending June 30, 2022.