Previous Close | 4.7000 |
Open | 4.7000 |
Bid | 4.2500 |
Ask | 4.4500 |
Strike | 6.00 |
Expire Date | 2024-05-17 |
Day's Range | 4.7000 - 4.7000 |
Contract Range | N/A |
Volume | |
Open Interest | N/A |
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.
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.
Luminar Technologies is laying off 20% of its workforce, according to a company memo reviewed by Barron’s. “We stand at the crossroads of two realities: the core of our business has never been stronger across technology, product, industrialization, and commercialization; yet at the same time, the capital markets perception of our company has never been more challenging,” reads part of the company-wide communication from CEO Austin Russell. “These kinds of decisions are never easy, and we’re taking steps to provide significant support for our exiting employees,” added Russell.