Sumitomo Mitsui Financial Group assumed coverage on shares of Luminar Technologies (NASDAQ:LAZR – Get Rating) in a report released on Tuesday, MarketBeat reports. The firm issued a neutral rating and a $16.00 target price on the stock. Several other equities analysts also recently commented on LAZR. Northland Securities reiterated an outperform rating and set a […]
Luminar Technologies, Inc. (NASDAQ:LAZR – Get Rating) shot up 3.5% during trading on Monday . The stock traded as high as $14.99 and last traded at $14.99. 4,362 shares traded hands during trading, a decline of 100% from the average session volume of 5,826,396 shares. The stock had previously closed at $14.48. Several brokerages have […]
Luminar Technologies, Inc. (NASDAQ:LAZR – Get Rating) has earned a consensus rating of “Buy” from the twelve brokerages that are covering the stock, MarketBeat reports. Five investment analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have […]
/PRNewswire/ HaptX, the leading provider of realistic haptic gloves for VR and robotics, today announced that it has secured a $4m credit facility from.
February 28, 2021
The equities market rally in the US could be coming to an end if rising bond yields are any indicator.
Yet, the buoyant market, driven by easy monetary policy, has already attracted scores of companies eager to tap capital markets flush with liquidity.
There were nearly 500 IPOs that raised $174 billion last year – half of the listings were SPACs, or special purpose acquisition companies. That trend has accelerated in 2021, with no signs of slowing. There have already been 190 SPACs listed on US stock exchanges this year, with more to come.
In Southeast Asia, Indonesia’s MNC Vision Networks was reported this week to be looking to merge its video streaming business with Malacca Straits Acquisition, the blank-cheque vehicle led by Ark Pacific Capital Management’s Kenneth Ng.