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LAZR - Luminar Technologies Inc News Story

$17.67 -0.4  -2.2%

Last Trade - 16/04/21

Market Cap £638.8m
Enterprise Value £638.5m
Revenue £n/a
Position in Universe 2946th / 6850

BUZZ-Sensor maker Luminar has doubled since Wall St debut

Mon 7th December, 2020 5:45pm
** Shares of Luminar Technologies  LAZR.O  surging 20% on Mon,
extending their rally since the automotive sensor startup made
its market debut last week
    ** LAZR now up 110% since it began trading last Thurs
following a reverse merger with special purpose acquisition co
(SPAC) Gores Metropoulos  urn:newsml:reuters.com:*:nL1N2IJ00F 
    ** Co's lidar sensor, a component in autonomous cars, helps
provide a three-dimensional view of the road
    ** With a market cap of nearly $2 bln, LAZR wants to turn
its research relationships into valuable production deals. For
2019, LAZR had under $13 mln rev and a net loss of $95 mln 

 ((noel.randewich@tr.com; (415) 677 2542, Twitter: @randewich;))
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