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Topping our LiDAR SPAC list is Luminar Technologies a 5 billion company that more than doubled revenue to 32 million last year. Luminar Technologies Stock Doubles Revenue in 2021. The company which went public through a special-purpose acquisition company in December 2020 makes lidar sensors for self-driving vehicles. The company reported an adjusted loss of 12 cents a share on sales of 123 million. Shares of Luminar Technologies LAZR surged as high as 39 today after going public through a reverse merger with SPAC Gores Metropoulos NASDAQ. But Luminars stock has been unfairly penalized by broader skepticism. The maker of light detection and ranging. A 142 increase in.ΔΆ merger closing LAZR stock has increased more than 53 from 18 to 27. Thats actually better than the SPAC deck promised when we published our original article. Luminar the lidar startup that burst onto the autonomous vehicle scene in April 2017 after operating for years in secrecy is merging with special purpose acquisition company Gores Metropoulos.
LUMINAR STOCK IPO SOFTWARE
The global leader in automotive lidar hardware and software technology. Considering the SPAC deals are based on 10 per share Luminar. Its a Florida based firm and Austin Russells net worth is about 3 Billion as of today in December 2020.
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LAZR is making a powerful run up the charts since completing its reverse merger with special purpose acquisition company SPAC Gores Metropoulos. Penny Stock Traders Have Made Huge Profits. LAZR with an Outperform rating and a 22 price target 51 upside. SPAC Brings Luminar Technologies Stock SPAC IPOs are the new trend for 2020. 2 merger closing LAZR stock has increased more than 53 from 18 to 27. Luminar Lazr Building The Order Book But Not Cheap Seeking Alpha Ad Join 500k Active Members Who Follow Our Free Penny Stock Picks. Luminar Stock Offers High-Risk Pure-Play on Lidar. Speculation is sky high for Peter Thiel backed Luminar.