Smart security camera maker and app provider Arlo Technology’s (ARLO) customers are more interested in watching live streams from their front door monitors than scoring dates on Tinder, listening to music or playing match puzzles.
According to Arlo's SEC filing, its app has a 37% engagement rate, compared to 35% for Tinder, 35% for Spotify and 29% for Candy Crush.
The maker of high-end cloud-connected indoor/outdoor security cameras, lights and baby monitors priced August 2 at $16, raising $163 million and closing up 38% to $22.10 on its first day of trading on Friday.
Here are two other things to know about Arlo.
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