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Why Luminar Technologies Stock Raced Higher on Thursday

TheMotleyFool 
0 0 27.03.25
Why Luminar Technologies Stock Raced Higher on ThursdayPhoto, wide shot, wide-angle lens, Heavy machinery, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Edward Burtynsky: https://img.midjourneyapi.xyz/temp/c15253b0-7330-4605-a666-66954eaf6715.png
 

Luminar Technologies (NASDAQ: LAZR), which designs next-generation light detection and ranging (lidar) products that help assisted-driving vehicle systems "see," saw its stock accelerate impressively on Thursday.

Its price rose by nearly 9% on news of a deal with a storied American industrial company. That performance was far better than that of the S 500 index, which ended the day 0.3% in the red.

That company, Luminar, is industrial equipment and vehicle maker . Luminar will work on developing lidar solutions for an autonomous industrial vehicle its partner is developing.

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Source Fool.com

Caterpillar Inc. Stock

€740.60
-0.050%
There is nearly no change for the Caterpillar Inc. stock today. Compared to yesterday it only changed by -€0.400.
Currently there is a rather positive sentiment for Caterpillar Inc. with 60 Buy predictions and 6 Sell predictions.
With a target price of 782 € there is a slightly positive potential of 5.59% for Caterpillar Inc. compared to the current price of 740.6 €.
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