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LAZR Luminar Technologies Inc

1.9503
0.1303 (7.16%)
Pre Market
Last Updated: 13:51:22
Delayed by 15 minutes
Share Name Share Symbol Market Type
Luminar Technologies Inc NASDAQ:LAZR NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.1303 7.16% 1.9503 1.95 1.96 761,994 13:51:22

Luminar Technologies Shares Rise 10% After Partnership With Mercedes-Benz

20/01/2022 3:19pm

Dow Jones News


Luminar Technologies (NASDAQ:LAZR)
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From May 2021 to May 2024

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By Chris Wack

 

Luminar Technologies Inc. shares were up 10% to $14.78 after the company said it entered into a partnership with Mercedes-Benz to accelerate the development of future highly automated driving technologies for Mercedes passenger cars.

Luminar said its Iris lidar technology, which is currently being prepared for series production, is expected to improve vehicle safety and the technical capabilities of highly automated driving systems.

The company said the partnership represents a major commercial win as it continues to execute toward series production.

Luminar stock hit its 52-week low of $13.42 on Wednesday.

 

Write to Chris Wack at chris.wack@wsj.com

 

(END) Dow Jones Newswires

January 20, 2022 10:04 ET (15:04 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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