Oct. 31 at 2:44 PM
$LAZR $0. This should end similar to
$DBD where the credit holders take over the complete company and all shares ended worthless.
But it could be even worse. With its debt and high operation costs, there is likely no future at all for Luminar, so the assets could be sold for some dollars. Almost everything is worthless, only the chip business may generate some money.
No one needs the Luminar software with software available from Nvidia, Mobileye, Wyamo, and others as even e.g. from
$MVIS.
CC:
$INVZ.
