Gauzy shares are trading higher after the company announced Ferrari selected them as the smart glass technology supplier for the serial production of its first-ever SUV light control technology.
Portfolio Pulse from Benzinga Newsdesk
Gauzy's shares are rising following the announcement that Ferrari has chosen them as the smart glass technology supplier for its first-ever SUV's light control technology.
October 23, 2024 | 1:22 pm
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Gauzy's stock is experiencing an upward trend after being selected by Ferrari as the smart glass technology supplier for its first SUV. This partnership could enhance Gauzy's market position and visibility.
The selection by Ferrari is a significant endorsement of Gauzy's technology, likely boosting investor confidence and leading to a positive short-term impact on Gauzy's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100