NasdaqGS:LAZRAuto Components
Luminar Technologies (LAZR): Evaluating Valuation After Workforce Cuts, Missed Payments, and Leadership Shakeup
Luminar Technologies (LAZR) is navigating a turbulent period, with the company recently entering into forbearance agreements after missing an interest payment. The company has also launched a plan to reduce its workforce by 25% in order to address mounting financial pressures.
See our latest analysis for Luminar Technologies.
Amid these major moves, Luminar Technologies' 1-day share price return plunged 45.02%, and its 1-year total shareholder return stands at a staggering -90.27%, reflecting...