VLDR - Luminar stock among lidar rally as Velodyne's founder fight continues

Lidar sensor stocks are moving higher after the ousted founder of peer Veoldyne Lidar (VLDR +19.3%) renewed calls for board resignations after the recent stock pullback. The gains are also part of a broader rally for electric vehicle and autonomous software stocks.  Gainers include Aeva (AEVA +13.4%), Innoviz (INVZ +0.7%), Ouster (OUST +6.7%) and Luminar Technologies (LAZR +5.8%), the largest publicly-traded lidar name by market cap. Last week, lidar company AEye (LIDR), frequently confused with web accessibility company Audioeye (AEYE +6.0%), went public through a reverse merger with CF Finance Acquisition Corp. III.

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Luminar stock among lidar rally as Velodyne's founder fight continues