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CGRO News and Press, Collective Growth Corporation From 01/27/21

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Company Name: Collective Growth Corporation
Stock Symbol: CGRO
Market: NASDAQ

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CGRO - Luminar, Velodyne shares gain as lidar deals, EV rally continue

Lidar stocks Lumiar Technologies (LAZR) and Velodyne Lidar (VLDR) are trading up 7% and 3%, respectively, after new deal announcements and amid another rally for electric vehicle stocks.EV-related stocks have rallied this week as President Biden reiterated his plan to switch the federal ...

CGRO - Innoviz Technologies, Leading LiDAR Company, Announces Partnership with Macnica for Mass Adoption of InnovizOne in the Japanese Market

Innoviz Technologies, Leading LiDAR Company, Announces Partnership with Macnica for Mass Adoption of InnovizOne in the Japanese Market Canada NewsWire TEL AVIV, Israel , Jan. 25, 2021 /CNW/ -- Innoviz Technologies , an Israeli LiDAR company founded by former ...

CGRO - AV Investment Roadmap - Part 3: Lidar Companies

Lidar is an exciting new technology and a critical component for autonomous vehicles. Recently, five Lidar companies (Velodyne, Luminar, Aeva, Innoviz, and Ouster) have come public or are coming public through SPACs. Significant investor interest has driven high valuations for the...

CGRO - APHA, TLRY among premarket gainers

Sio Gene Therapies (SIOX) +42% on positive AXO-AAV-GM1 data in nerve cell disorder.Good Times Restaurants (GTIM) +27% on Q4 results.Tilray (TLRY) +27% as company to combine with Aphria to create largest global cannabis company.DAVIDsTEA (DTEA) +25% on Q3 results.NeuBa...

CGRO - Why Collective Growth Shares Jumped Today

Shares of Collective Growth (NASDAQ: CGRO) moved up today after news from Friday that it is merging with a lidar sensor company. After jumping almost 10% Monday morning, the stock has settled to a gain of 2.5% at 11:30 a.m. EST. The company is merging with Innoviz Technologies i...

CGRO - Luminar Technologies shares slide 7% as rival Innoviz announces $1.4B SPAC merger with Collective Growth

Last week, automotive lidar company Luminar Technologies (LAZR) raised about $500M when it went public through a reverse merger with SPAC Gores Metropoulos.Lidar peer Innoviz Technologies (INVZ) now announces it will raise $350M in a $1.4B reverse merger with SPAC Collective Gr...

CGRO - Why Velodyne Lidar Gained 33% in the Past Week

Velodyne Lidar (VLDR) makes sensors that are used by autonomous vehicles. This makes VLDR attractive, as many believe this will be a major trend over the next decade. VLDR's stock is up 33% over the past week but remains 35% off its September highs. Should you consider buying? Velodyne L...

CGRO - Autonomous Vehicle Investment Roadmap - Part 1: Investment Opportunity Overview

Autonomous Vehicles (AVs) will transform most transportation markets and create some exciting new investment opportunities. But the AV market landscape is complex, with different market opportunities emerging uniquely. This AV Investment Roadmap attempts to explain these markets a...

CGRO - Making A List of Autonomous Vehicle Stocks To Watch? 3 Making Big Moves This Week

3 Top Autonomous Vehicle Stocks To Watch Right Now Autonomous vehicle stocks have been in the limelight recently. Following up on gains last week, top autonomous vehicle stocks started the week on a strong note in the stock market . We know 2020 has been the year for the e...

CGRO - CIIG Merger and Trine Acquisitio among financial gainers; RMG Acquisition and Star Peak Energy Transition among losers

Gainers: Hennessy Capital Acquisition (HCAC) +28%. Collective Growth (CGROU) +18%. CIIG Merger  (CIIC) +17%. Trine Acquisition (TRNE) +17%. Collective Growth (CGRO) +14%.Losers: Jianpu Technology (JT) -10%. Lion Group (LGHL) -8%. Star Peak Energy Transition (STPK) -7%. RMG Acqu...

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