Luminar: Darkest Before The Dawn
LAZRLuminar Technologies(LAZR) Seeking Alpha·2024-08-09 21:52
Rasica Following acknowledgement of a general customers push-out of Lidar demand by 1 to 2 years, Luminar Technologies, Inc. (NASDAQ:LAZR) has plunged to new lows. The company remains full speed ahead on Lidar development and in production mode now despite the stock weakness. My investment thesis remains ultra-Bullish on the stock despite the disappointing scenario playing out right now.   Source: Finviz Struggling To Launch Luminar reported the following disappointing Q2 '24 results, with revenue growt ...