Previous close | 0.3600 |
Open | 0.3000 |
Bid | 0.2100 |
Ask | 0.3800 |
Strike | 7.00 |
Expiry date | 2026-01-16 |
Day's range | 0.3000 - 0.3000 |
Contract range | N/A |
Volume | |
Open interest | 2.58k |
First-quarter operating profit at Warren Buffett’s Berkshire Hathaway jumps 39%, Micron stock is upgraded, and Palantir rises ahead of its earnings report after the closing bell Monday.
Lidar company Luminar Technologies, Inc. (NASDAQ:LAZR) is reducing its workforce by 20% and relying more heavily on its contract manufacturing partner as it restructures towards a more “asset-light” business model to scale production. The stock is trading lower, and it went down as much as 13% on Monday. The workforce reduction will impact about 140 employees. The company will also part ways with most of its contract workers. Also Read: Will Luminar Technologies Need To Raise $1B In Capital? Thi
Luminar is also looking to sub-lease some of its facilities in portions or fully, reducing global footprint as part of the restructuring. Lidar sensors help self-driving cars and driver-assistance systems gain a three-dimensional map of the road, and is considered a key to achieving full autonomy in vehicles.