Luminar (NASDAQ: LAZR) stock price has imploded. After soaring to a record high of $47.78 in 2021, it has become a penny stock trading at$1.65. Along the way, its market cap has dropped from a record high of over $13.5 billion to$745 million. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins. Cash burning machine Copy link to section Luminar Technologies has been one of the top cash incinerators in the technology industry. That is understandable since ...