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AUR

Aurora Innovation, Inc.

https://aurora.tech

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Information Technology Services

Aurora Innovation, Inc. operates as a self-driving technology company in the United States. It focuses on developing Aurora Driver, a platform that brings a suite of self-driving hardware, software, and data services together to adapt and interoperate passenger vehicles, light commercial vehicles, and trucks. The company was founded in 2017 and is headquartered in Pittsburgh, Pennsylvania.

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Uber has partnered with GM's Cruise to expand its autonomous vehicle operations, adding Cruise's self-driving cars to its fleet by 2025. This partnership is part of Uber's broader strategy to integrate autonomous vehicles, which includes collaborations with Waymo and BYD. The news has positively impacted GM's stock, while Uber's stock has shown resilience. Analysts maintain a positive outlook on Uber and GM, with BofA and Goldman Sachs reiterating Buy ratings.

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Portfolio Pulse from Benzinga Newsdesk

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Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 7:33 pm

Shares of companies in the broader technology sector are trading lower amid an overall market selloff following weak US jobs data. Weakness in Amazon and Intel has also weighed on the tech sector.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 6:30 pm

Aurora Innovation shares are trading higher after the company reported better-than-expected Q2 EPS results. The stock initially traded lower, but it has since reversed.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 2:44 pm

Aurora Innovation, Inc. (NASDAQ:AUR) has announced the pricing of its upsized public offering of 116,666,667 shares of Class A common stock at $3.60 per share, aiming to raise approximately $420 million. The offering is expected to close on or about August 2, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 12:01 pm

Aurora Innovations shares are trading lower after the company reported Q2 financial results and announced a $350 million proposed public offering.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 11:18 am

Aurora Innovation, Inc. (NASDAQ:AUR) has announced a proposed public offering of $350 million in Class A common stock. The company has also canceled its business review conference call due to the commencement of this offering.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 9:01 pm

Aurora Innovation (NASDAQ:AUR) reported a Q2 2024 GAAP EPS of $(0.12), beating the analyst consensus estimate of $(0.15) by 20%.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:49 pm

Aurora Innovation (NYSE:AUR) has seen a 24.65% increase in its short percent of float, now at 12.59% of all regular shares available for trading. This is higher than the peer group average of 7.70%. It would take traders 12.77 days to cover their short positions on average.

Portfolio Pulse from Benzinga Insights

July 30, 2024 | 8:15 pm

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