|Bid||14.85 x 2200|
|Ask||14.99 x 4000|
|Day's range||14.61 - 16.75|
|52-week range||13.42 - 40.98|
|Beta (5Y monthly)||1.26|
|PE ratio (TTM)||N/A|
|Earnings date||16 Mar 2022 - 21 Mar 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||28.00|
Yahoo Finance's Emily McCormick and Adam Shapiro discuss how revenues for airlines are declining amid the surge in Omicron cases, Peloton shares are falling today, and Luminar stock is rising on reports of a self-driving deal with Mercedes-Benz.
News that lidar start-up Luminar (NASDAQ: LAZR) has secured a deal with -- and an investment from -- German luxury-car stalwart Mercedes-Benz sent Luminar's stock soaring on Thursday: As of 2:30 p.m. ET, it was up about 17.1% from Wednesday's close. Luminar's intense focus on making automotive-grade units that can be mass-produced at relatively low cost has helped it stand out amid a crowded field of lidar start-ups. Luminar last year announced deals with other automakers, including Volvo and China's SAIC.
The German luxury-car maker will buy lidar units from -- and take a stake in -- the Florida start-up.