Why Luminar Stock Shot Higher Today

Why Luminar Stock Shot Higher Today
·1 min read

Shares of Luminar Technologies (NASDAQ: LAZR) shot higher by as much as 10% today after the company reported first-quarter earnings. Luminar also said that it has started production at two manufacturing-partner facilities. "This puts Luminar on track to meet or beat our 2021 company-level milestones from the beginning of the year, as we continue to extend our technology, product, and market leadership positions."

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