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Velodyne Lidar Inc (VLDR): Price Now Near $6.88; Daily Chart Shows Downtrend on 20 Day Basis etfdailynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from etfdailynews.com Daily Mail and Mail on Sunday newspapers.
(AEVA), (APPH) - One In Five Russell 3000 Additions Went Public Via SPAC: What Investors Should Know benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Last week featured eight announced SPAC deals. The week also had earnings from several well-known former SPACs. Here is a look back at the week that was . ....
2 Min Read FILE PHOTO: Omer Keilaf, CEO of Israeli firm, Innoviz Technologies, speaks during an interview with Reuters at the Smart Mobility Summit in Tel Aviv, Israel October 30, 2018. REUTERS/Nir Elias (Reuters) - Shares of self-driving car sensor startup Innoviz rose on Tuesday, on its first day trading as public company. The Tel Aviv, Israel-based firm is developing a lidar sensor, which helps self-driving vehicles gain a three-dimensional view of the road. The company has a partnership with BMW to sell the automaker its first generation of sensors, which cost around $1,000. Innoviz is working on a second generation sensor which it hopes to sell for less than $500. ....
INNOVIZ Shares of lidar sensor startup Innoviz rose on Tuesday, its first day trading as a public company. The Tel Aviv, Israel-based firm is developing the sensors, which help self-driving vehicles gain a 3D view of the road. The company has a partnership with BMW to sell the automaker its first generation of sensors, which cost around $1,000. Innoviz is working on a second-generation sensor which it hopes to sell for less than $500. The shares rose 11 percent to close at $10.79 on the Nasdaq stock market in New York. Innoviz became public on Tuesday after completing a merger with publicly listed blank-check firm Collective Growth Corp. that raised $371 million. Four other lidar firms - Velodyne Lidar Inc., Luminar Technologies Inc., Aeva Technologies Inc. and Ouster Inc. - have all become public in recent months. Rival AEye Inc. also plans to become public via a merger with CF Acquisition III Corp. ....