Luminar Technologies Stock Is Rising After Hours: What's Driving The Action?

Quick Summary:

The lidar company said it shipped more product in the third quarter than it did in the past three quarters combined.

Luminar also announced that it was selected as a standard equipment feature on an additional model in the Volvo cars line-up.

The company said the selection endorses Luminar’s leadership in lidar and the company’s ability to execute and industrialize at scale.

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Article Details

Author / Journalist: Adam Eckert

Category: Technology

Markets: United StatesJapan

Topics: Benzinga Earnings Movers After-Hours Center News LAZR Lidar Why it's moving Tech

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 21:48:35 (1 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 467 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 23530843

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About Benzinga

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 16 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #53

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