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Here’s the Reason of View, Inc. (VIEW) Stock Giant Leap in the Pre Market

View, Inc. (VIEW) is a leading technology driven company which manufactures and commercializes smart building products. The company’s technologies totally transform the building to lessen energy usage, improve human health and experience and reduced carbon emissions. Smart windows designed by the company use artificial intelligence tool for an automated response towards the sun, an increased daylight availability without using blinds thus reducing heat and glare. Also, a smart protectant can be deployed to improve the security features of the building. The company works for offices, hospitals, airports, educational institutes and multi storied residences.

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The price of View stock during the regular trading session of December 16, 2021 was $3.91 with a decline of 4.63%. At the last check on December 17, 2021, the stock gained an impressive 12.70% in the pre market.

Events and Happenings

On December 15, 2021, VIEW continued to explore its potential in the aviation division, announced its state-of-the-art Smart Windows installation at Bozeman Yellowstone International Airport (BZN). A study about the passenger satisfaction rate showed that airports having View Window installations were 33% more modern, bright efficient and comfortable, while 68% passengers showed high satisfaction rate.

On December 07, 2021, VIEW reported its entry into a strategic collaboration with RXR Realty to merge RXR’s WorxWell™ data analytics program into its wider technology stack. On December 02, 2021, VIEW announced that Rao Mulpuri, company’s CEO, presented the VIEW at the Raymond James Technology Investors Conference on December 6, 2021.

On November 19, 2021, VIEW announced that it received a notice from Nasdaq on November 16, 2021 in connection with not timely filing its Quarterly Report on Form 10-Q for the third quarter 2021. Also, because the Company had not yet filed its Form 10-Q for the second Quarter 2021. So Nasdaq stated that the Company is not in compliance with the Listing Rules, which required in-time filing of all financial reports.

On November 18, 2021, VIEW informed its Smart Windows enclosed the new Class A office tower, The Block, a Mission Group venture in downtown Kelowna. On November 11, 2021, VIEW reported that it had installed Smart Windows as an fundamental design element of Avocet Tower, a 22-story tower with wellness-focused facilities.

On November 02, 2021, VIEW reported its Windows were installed at the brand-new Martire Family Arena at Sacred Heart University in Fairfield, Connecticut. The modern provision will be the future home of club hockey programs, and the university’s national ranked figure skating squad.

The quarterly reports for second and third quarter of the company is still not published.

Conclusion

The company’s strategies of attracting the investors is the sole reason beyond its pre market rise. Several finished projects (BZN Airport) and the projects in the pipeline may serve as the starting point towards a better stock placement.

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