Miami is one of the most congested cities in the world, study found [CBS News]
Rekor Systems, Inc. (REKR)
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Source: CBS News
"Madness, complete madness," said a driver at the Pompano Beach Service Plaza on the Turnpike. It seems we all feel the same and you really do see it all out there. "I absolutely hate driving through Miami," said another driver. "There's a lot of weaving, cutting off, stop and go's." There's data that says Miami is one of the most congested cities in the world. According to a recent INRIX Global Traffic Scorecard, Miami traffic jumped 30 percent from 2021 to 2022, ranking as the 8th most congested city on the planet. They estimate drivers lose 105 hours in traffic. Miami is up there on the list with places like New York City, Chicago, and Paris. So how do we combat more people and more vehicles? "The solution for traffic is transit," said Miami-Dade Mayor Daniella Levine Cava She's pushing for more transit options so folks who drive and have a choice will leave their car, meanwhile those who are already depending on transit can get where they need to go. The bottom
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REKR
News
- While institutions own 29% of Rekor Systems, Inc. (NASDAQ:REKR), individual investors are its largest shareholders with 46% ownership [Yahoo! Finance]Yahoo! Finance
- Rekor Systems to Announce First Quarter Fiscal 2024 Results Accesswire
- Rekor Systems: Risk-Reward Unattractive Due To Potential Liquidity Risk [Seeking Alpha]Seeking Alpha
- Rekor Systems Full Year 2023 Earnings: EPS Misses Expectations [Yahoo! Finance]Yahoo! Finance
- Rekor Systems, Inc. (NASDAQ: REKR) had its "outperform" rating re-affirmed by analysts at William Blair.MarketBeat
REKR
Earnings
- 11/14/23 - Miss
REKR
Sec Filings
- 4/29/24 - Form S-8
- 4/22/24 - Form 8-K
- 4/19/24 - Form 8-K
- REKR's page on the SEC website