Where Will Luminar Technologies Stock Be in 3 Years?
Portfolio Pulse from
Luminar Technologies, a lidar producer, has seen its stock price plummet from a high of $627 shortly after its public debut in December 2020 to around $6 currently.
January 26, 2025 | 12:00 pm
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NEGATIVE IMPACT
Luminar Technologies' stock has significantly decreased from its initial high, indicating potential challenges in the company's market performance.
The drastic decline in Luminar's stock price from $627 to $6 suggests significant challenges or market skepticism about its future prospects. This could lead to further downward pressure on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100