Shares of Luminar Technologies Inc - Class A (LAZR) are trading 14% higher at a price of $9.725 at the time of this writing.
- Q2 results beat estimates by 57%
- Raised guidance
Luminar Technologies Inc - Class A has been trading between a 52-week high of $23.9 and a 52-week low of $5.61. The stock has a market cap of $2.47 Billion.
Luminar is an autonomous vehicle sensor and software company with the vision to make self-driving safe and ubiquitous by delivering the only lidar and perception platform that meets the industry's stringent performance, safety, and economic requirements. Luminar has rapidly gained 50 industry partners, including 7 of the top 10 global automotive OEMs, and has received minority investments from the world's largest commercial vehicle manufacturer, Daimler Truck AG and Volvo Cars, a global leader in automotive safety, to bring autonomous trucks and cars to highways, respectively. Founded in 2012, Luminar is a 350-person team with offices in Palo Alto, Orlando, Colorado Springs, Detroit, and Munich.
Headlines
Luminar Technologies trades high on raised guidance, price target raise at Cowen
Seeking Alpha 08-09-22
Luminar Technologies: Time To Get Serious About Backlog (NASDAQ:LAZR)
Seeking Alpha 08-09-22
Luminar Technologies PT Raised to $14 at Cowen
Investing.com 08-09-22
Luminar Technologies PT Lowered to $8 at Craig-Hallum
Investing.com 08-09-22
Small Cap Stock Luminar Technologies Inc. (LAZR) Is A Buy – Analysts
Marketing Sentinel 08-09-22
As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:taffy_laffy - 3 upvotes -
source$LAZR weeklies going stratospheric
taffy_laffy - 3 upvotes -
sourcefinally after weeks of being the only LAZR lover💸💸💸
22strokestreet - 3 upvotes -
sourceThe LAZR squeeze welcomes the downtrodden BBBY crowd with open arms!
taffy_laffy - 2 upvotes -
sourcelmao $LAZR about to have a 25%-50% day💰💰💰
GTxSony - 2 upvotes -
sourceLAZR
taffy_laffy - 2 upvotes -
source$LAZR 💸💸
taffy_laffy - 2 upvotes -
source$LAZR in a month long squeeze💹💹$15 EoM
getshmoney69420 - 2 upvotes -
sourceLAZR time babbbyyyy
22strokestreet - 2 upvotes -
sourceTold you morons that LAZR was the squeeze, not bed bath and buttfuck
BlueAirplane01 - 2 upvotes -
sourceAnd to be Lazr too