Everbridge has had significant challenges over the last few years, e.g. Everbridge CEO Resigns, Stock Plunges 45%, Everbridge Stock Plunges Again, Company Admits Various Problems.
Everbridge's stock price fell 10% in premarket trading after Florida terminated its contract with the company one year earlier on Thursday, according to Everbridge's 8K filing released this morning. This decision happens after the company sent a false emergency alert to smartphones in Florida at 4:45 am on Thursday morning, likely waking up millions of Floridians.
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