Alarm.com Holdings, Inc. provides various Internet of Things (IoT) and solutions for residential, multi-family, small business, and enterprise commercial markets in North America and internationally.

The number one alarm app in the world is serving ads to drowsy sleepers, revealing the data-hungry nature of the app market.

In trading on Wednesday, shares of Alarm.com Holdings Inc (Symbol: ALRM) entered into oversold territory, hitting an RSI reading of 29.6, after changing hands as low as $55.10 per share.