Market news

Latch, Inc., which operates as DOOR, the Building Intelligence company ("DOOR" or the "Company"), today reported financial and operating results for the three and six months ended June 30, 2026. The Company's shares currently trade on the OTC Markets under the symbol, "LTCH," and the Company's corporate name and ticker updates are expected at a later date.

Latch, Inc., which has rebranded as DOOR ("DOOR" or the "Company"), today announced a restructuring plan that is expected to reduce its global workforce by approximately 32 percent and exit the DOOR Property Management business. These actions, together with cost-saving measures completed earlier in 2026, are expected to reduce costs by approximately $10 to $12 million on an annualized basis and accelerate the Company's path to profitability. DOOR estimates that it will incur approximately $1.5 m