Remark AI Awarded $6 million Rio De Janeiro police contract

(24/7 MARKET NEWS) – Remark Holdings, Inc. (NASDAQ:MARK) stated, this morning, that it has awarded the first phase of a 30-month recurring revenue subscription contract by the Rio De Janeiro police department to equip their existing police car fleet with license plate and facial recognition capabilities, valued at over $6 million.

Remark is trading at $1.50, up $0.17 (+12.70%), on 1.82M premarket shares traded.

Its 52-week range is $0.87 to $6.10. February’s action around the @2 level is the key inflection. If this breaks through the $2 resistance, on strong trading volume, this could go ballistic.

24/7 MARKET NEWS, INC Disclaimer

24/7 MARKET NEWS (“24/7 MN”) is dedicated to covering various underreported segments of the stock markets. Our goal is to help you to better understand these markets, but 24/7 MN is neither an investment advisor nor a financial advisor, and no information provided here is to be interpreted as a suggestion to buy or sell stocks or other investment products. All opinions, news, research, analysis, prices or other information contained on, its press releases, or other services are provided for educational purposes only and do not constitute investment advice. You are solely responsible for the investment decisions you make.

Please go to or for further information.

NASDAQ and NYSE quotes and data are delayed 15 minutes unless indicated otherwise. Market data and exchange information are provided for informational purposes only and is not intended for trading purposes. Neither 24/7 Market News Editors, 247 Market News, or data and content providers shall be liable for any errors or omissions, delays, misquotes or other market information relayed in any press materials. You should Use Realtime data to conduct due diligence before investing or trading, and trading in any stock is risky you could lose all your money.