By Amber Deter The Luminar Technologies IPO has investors waiting in anticipation. The company operated in stealth until 2017 when it revealed its product. It provides advanced technology for autonomous driving vehicles. And investors want to invest in the future.
But is Luminar Technologies stock a good investment opportunity? Here’s what we know…
Luminar Technologies IPO: The Business
CEO Austin Russel founded Luminar Technologies in 2012. Russel was a Thiel fellow, meaning he received $100,000 over a two-year period to drop out of Standford University and pursue his idea. Luminar is a global leader in lidar autonomous driving technology. Lidar is the use of lasers to …read more