LAZR stock was up 10.4% as of Thursday morning but is down 21.1% since the start of the year. Looking at the stock we see that its previous close was 6.66 and the beta (5Y monthly) reads 1.53 with the day’s price range being 6.60 7.06. That’s a nice jump compared to its daily average trading volume of about 5.3 million shares. (NASDAQ:LAZR) traded at 6.83 at close of the session on Friday, 07/07/23, made an upward move of 2.55 on its previous day’s price. As of this writing, nearly 10 million shares of the stock have changed hands. LAZR stock is getting extra attention from traders today with today’s news. Russell plans to reveal more details about the collaboration during the Volvo Cars Tech Moment. Volvo thinks life saving technology shouldn’t be optional, and we couldn’t agree more.” “Going from a select highway pilot option to Luminar powering all next generation Volvo flagship cars as standard will kick off this new safety paradigm, serving as the catalyst for what we’ve been calling Proactive Safety. That includes the ability to handle specific traffic situations and other troublesome events.Īustin Russell, founder and CEO of Luminar Technologies, said this about the news sending LAZR stock higher today. The EV will also get updates over time that will improve its autonomous capabilities. The goal of bringing all of this tech together is to reduce the number of collisions. It will also be powered by Nvidia’s (NASDAQ: NVDA) DRIVE Orin, as well as Zenseact and Volvo software. These EVs will make use of Luminar’s Iris and Sentinal solutions. This is where Luminar Technologies comes into play. When it does, the EV will feature lidar hardware. Volvo is planning to reveal the successor to its XC90 next year.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |