Luminar shares are trading higher after the company and Plus announced a partnership for LiDAR and AI-based assisted driving software for trucking.
Portfolio Pulse from Benzinga Newsdesk
Luminar Technologies (LAZR) shares are trading higher after the company announced a partnership with Plus to develop LiDAR and AI-based assisted driving software for the trucking industry.

June 06, 2023 | 4:05 pm
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POSITIVE IMPACT
Luminar Technologies (LAZR) shares are expected to rise in the short term due to the partnership with Plus for LiDAR and AI-based assisted driving software in the trucking industry.
The partnership with Plus for LiDAR and AI-based assisted driving software in the trucking industry is a positive development for Luminar Technologies. This collaboration will likely lead to increased demand for their products and services, resulting in higher revenues and potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100