Why Luminar Technologies' Stock Spiked Today
Shares of Luminar Technologies (NASDAQ: LAZR) were trading higher on Tuesday morning after some images of a Tesla (NASDAQ: TSLA) Model Y equipped with what appear to be Luminar lidar sensors made the rounds on social media.
As of 11:30 a.m. EDT today, Luminar's shares were up about 7.3% from Monday's closing price.
Here's what happened. First, this tweet from Monday night got some notice.
Source Fool.com