Luminar Technologies, Inc. (LAZR) Ascends While Market Falls: Some Facts to Note

Shares of the company witnessed a loss of 8.55% over the previous month, trailing the performance of the Auto-Tires-Trucks sector with its loss of 3.02% and the S&P 500's gain of 3.15%. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of -$0.64 per share and a revenue of$109.92 million, indicating changes of +26.44% and +57.53%, respectively, from the former year. Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To c ...