Streetbeat News

LIDR

AEye, Inc.

https://www.aeye.ai

Industry

Auto - Parts

AEye, Inc. provides lidar systems for vehicle autonomy, advanced driver-assistance systems, and robotic vision applications in the United States, Europe, and Asia. It offers 4Sight A, a software-configurable lidar solution for automotive markets, including 4Sight at Design, Triggered 4Sight, or Responsive 4Sight software levels; and 4Sight M, a software-configurable lidar solution for the mobility and industrial markets, including 4Sight at Design, Triggered 4Sight, Responsive 4Sight, and Predictive 4Sight software levels. The company was formerly known as US LADAR, Inc. and changed its name to AEye, Inc. in March 2016. The company was founded in 2013 and is headquartered in Dublin, California.

Open

1.09

Mkt cap

9.8M

Volume

74K

High

1.13

P/E Ratio

-0.11

52-wk high

6.54

Low

1.09

Div yield

N/A

52-wk low

0.92

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Portfolio Pulse from Avi Kapoor

December 27, 2023 | 7:11 pm

Trading for LIDR was halted and then resumed at 8:55 AM ET, with updated quotation resumption times following the release of news.

Portfolio Pulse from Benzinga Newsdesk

December 27, 2023 | 1:55 pm

The board of AEye has approved a 1-for-30 reverse stock split, which is expected to become effective on December 26 at 5:00 p.m. ET. This corporate action is typically undertaken by companies aiming to boost their stock price by reducing the number of shares outstanding.

Portfolio Pulse from Benzinga Newsdesk

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December 20, 2023 | 1:31 pm

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December 19, 2023 | 6:34 pm

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Portfolio Pulse from Benzinga Insights

December 19, 2023 | 5:32 pm

AEye Inc. (LIDR) stock is trading lower following Continental's decision to end their joint lidar development program, including the HRL131 lidar product line.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 5:06 pm

Continental has informed AEye of its intention to discontinue their joint lidar development program, including the HRL131 Lidar product line, as per an SEC 8K filing.

Portfolio Pulse from Benzinga Newsdesk

December 18, 2023 | 9:17 pm

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