SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ouster (OUST)
OUST 31.72-4.9%9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Sam6/22/2021 3:55:21 PM
1 Recommendation

Recommended By
The Ox

   of 244
 
Luminar, Aeva stocks drop after Quanergy announces SPAC merger
Jun. 22, 2021 3:45 PM ET Luminar Technologies, Inc. (LAZR) By: Brandy Betz, SA News Editor

    Earlier today, lidar sensor company Quanergy announced plans to go public through a reverse merger with SPAC CITIC Capital Acquisition Corp. in a $1.4B deal.

    Lidar sensor competitors, who also went public through SPAC mergers, are a mixed bag in late afternoon trading. Luminar ( LAZR -3.2%) and Aeva ( AEVA -5.2%) are slumping, while Velodyne Lidar ( VLDR +1.0%), Ouster ( OUST +1.4%), and Innoviz ( INVZ +0.9%) are trading up.

    Related news: Lidar peer AEye, which plans to go public through a merger with CF Finance Acquisition Corp. III, will host its investor day event tomorrow.

seekingalpha.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News