Here's a story that will bring a tear to the eye of every commuter.
The guys that operate the red light cameras are suffering big time in the Covid-19 crisis.
Redflex Holdings, an Australian company, operates red-light cameras ("traffic safety programs") in 100 U.S. and Canadian cities.
Seems that when people run that red light or speed, Redflex Holdings gets a slice of the fine.
Problem is, according to the Wall Street Journal, people aren't out driving. That means fewer tickets and less money to Redflex Holdings.
So they evidently have a liquidity problem. And the stock is down up to 46%.
