Luminar Technologies ( (LAZR) ) has provided an announcement.
Luminar Technologies has appointed Dominick Schiano to its Board of Directors, leveraging his expertise in strategic business transformation. Additionally, the Board approved a reverse stock split at a 1-for-15 ratio, effective November 20, 2024, to enhance stock value. The company also settled a class action lawsuit, agreeing to a $125,000 payment to the plaintiff’s counsel to avoid further litigation costs.
See more insights into LAZR stock on TipRanks’ Stock Analysis page.
Trending Articles
- Deutsche Bank Pounds the Table on Tesla Stock
- ‘Breath of Fresh Air,’ Says Daniel Ives About Rivian Stock
- ‘It’s Not Too Late to Load Up,’ Says Analyst About Nvidia Stock
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
