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What's Going On With Digital Ally Shares Falling Today?

Published 27/06/2022, 20:00
© Reuters.  What's Going On With Digital Ally Shares Falling Today?
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Digital Ally, Inc. (NASDAQ: DGLY) shares are trading lower by 11.51% to $0.84, possibly due to profit-taking. The stock ran higher last week in possible anticipation of protests after the US Supreme Court overturned Roe vs Wade. The company produces digital video imaging and storage products for use in law enforcement.

CNN reported the ruling Friday, holding that there is no longer a federal constitutional right to an abortion.  CNN added that, going forward, abortion rights will be determined by states, unless Congress acts.

See Also: Why Axsome Therapeutics Stock Is Soaring Today

Digital Ally sells its products to law enforcement agencies and other security organizations.

According to data from Benzinga Pro, Digital Ally has a 52-week high of $1.90 and a 52-week low of $0.76.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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