Luminar Technologies Stock: Buy, Sell, or Hold?
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Luminar Technologies, a lidar developer, went public via SPAC four years ago. Its stock opened at $354.75, peaked at $627, but now trades around $6.
December 21, 2024 | 10:00 am
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Luminar Technologies' stock has significantly declined from its peak after going public via SPAC, now trading at about $6.
The significant drop in Luminar's stock price from its peak suggests potential investor concerns or market challenges. This decline may indicate a negative short-term outlook unless new positive developments occur.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100