Shorts prevail as the Luminar (LAZR) stock price dives
Luminar Technologies(LAZR) Invezz·2024-06-27 12:03
Luminar Technologies (NASDAQ: LZAR) stock price jumped by almost 18% on Wednesday as it went through a short squeeze. It jumped to $1.58, its highest point since June 3rd, giving it a market cap of over $597 million.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Short sellers have thrivedCopy link to sectionLuminar has been a boom for short-sellers as its stock has plummeted hard in the past few years. After peaking at $47.78 in December 2020, the LA ...