Why Velodyne Lidar Stock Popped Today

Why Velodyne Lidar Stock Popped Today
·2 min read

Shares of several electric vehicle stocks surged yesterday on various items of news that ended up driving Tesla's market cap over $1 trillion for the first time. Today, some of that excitement has shifted to autonomous vehicle names, including Velodyne Lidar (NASDAQ: VLDR). The stock jumped almost 18% at session highs, and remained 10.2% higher as of noon EDT.

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