LAZR May 2024 2.500 put
| Previous Close | 1.1200 |
| Open | 1.0400 |
| Bid | 0.5200 |
| Ask | 1.4500 |
| Strike | 2.50 |
| Expire Date | 2024-05-31 |
| Day's Range | 1.0400 - 1.1200 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 14 |
- Reuters
Luminar to cut nearly 20% jobs as part of restructuring
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.
Barrons.comLuminar Lays Off 20% of Its Workforce
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.
ZacksLuminar (LAZR) to Report Q1 Earnings: What's in the Cards?
The Zacks Consensus Estimate for Luminar's (LAZR) first-quarter loss per share and revenues is pegged at 22 cents and $22.09 million, respectively.
