SmartRent Share Price Down 85% Over Five Years Despite Recent 16% Surge

SmartRent's (NYSE:SMRT) share price has risen 16% in the last quarter, but investors have lost 85% over the past five years. The company's revenue increased by 17% annually over the same period, but its net loss and declining share price indicate ongoing struggles. Despite significant insider buying, the fundamental business performance will ultimately determine the company's turnaround prospects.