Velodyne Lidar, Inc. provides real-time three-dimensional vision for autonomous systems worldwide. It offers a broad lineup of surround-view lidar to support numerous end applications, including autonomous vehicles, drones, security, and mapping; and solid state lidar technology that combine the high reliability and long lifetime of traditional micro electro-mechanical systems solutions. The company also provides Vella software solution to any vehicle that utilizes a Velarray lidar. Its lidar-based smart vision solutions are also used in non-automotive applications, such as autonomous mobile robots, unmanned aerial vehicles, last-mile delivery, precision agriculture, advanced security systems, and smart city initiatives. Velodyne Lidar, Inc. was founded in 1983 and is headquartered in San Jose, California.
IPO Year:
Exchange: NASDAQ
Website: velodynelidar.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/9/2022 | $1.00 → $0.85 | Sell → Hold | Craig Hallum |
| 11/9/2022 | Outperform → Perform | Oppenheimer | |
| 9/20/2022 | Underweight | JP Morgan | |
| 3/1/2022 | $7.50 → $5.90 | Buy | Needham |
| 3/1/2022 | $3.50 → $2.50 | Hold → Sell | Craig Hallum |
| 11/9/2021 | $17.00 → $8.00 | Buy → Neutral | Citigroup |
| 11/9/2021 | Buy → Neutral | Citigroup | |
| 11/5/2021 | $11.00 → $7.50 | Buy | Needham |
| 8/6/2021 | $15.00 → $11.00 | Buy | Needham |
| 7/20/2021 | $18.00 → $10.00 | Outperform → Neutral | Robert W. Baird |
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8-K - Velodyne Lidar, Inc. (0001745317) (Filer)
Velodyne Lidar, Inc. (NASDAQ:VLDR, VLDRW))) announced that the Special Meeting of Stockholders ("Special Meeting") scheduled to be held today to approve the proposed merger with Ouster, Inc. (NYSE:OUST) and related matters was convened and adjourned without conducting any business. The Special Meeting will reconvene at 9:00 a.m. PT on February 10, 2023 and will be held virtually at https://www.virtualshareholdermeeting.com/VLDR2023SM. "Velodyne has adjourned its Special Meeting until next week to continue to solicit additional votes. Velodyne issued a joint press release with Ouster on February 1, which reflects achievement of guidance, Board designees, and strong financial position and co
98% of Votes in Favor of Proposed Merger; 1.3% of Outstanding Shares Required to Approve Merger Velodyne Lidar, Inc. (NASDAQ:VLDR, VLDRW))) today announced that the Special Meeting of Stockholders ("Special Meeting") to approve the proposed merger with Ouster, Inc. (NYSE:OUST) and related matters was convened and adjourned without conducting any business. The Special Meeting will reconvene at 9:00 a.m. PT on February 3, 2023. According to Velodyne bylaws, 50% of shareholders must participate to reach the required quorum for the Special Meeting. In addition, more than 50% of outstanding shares must be voted in favor of the merger to pass the proposal. At this time, shareholders representin
Votes to Date Overwhelmingly in Favor of Merger; Votes Still Needed to Reach Required Minimum Quorum Two Leading Independent Proxy Advisory Firms Recommend "FOR" the Merger of Velodyne Lidar and Ouster, Recognizing the Strengths of the Combined Company Velodyne Lidar Board of Directors Recommends Stockholders Vote "FOR" the Proposed Merger Votes Need to be Cast by 11:59 PM (Eastern Time) on January 25, 2023 or In Person at the Special Meeting of Stockholders to be Held on January 26, 2023 Velodyne Lidar, Inc. (NASDAQ:VLDR, VLDRW))) is urging stockholders to cast their votes in favor of the proposed merger with Ouster. As of January 23, 2023, over 97% of those voting have voted to approv
Two Leading Independent Proxy Advisory Firms Now Recommend "FOR" the Merger of Velodyne Lidar and Ouster, Recognizing the Strengths of the Combined Companies Velodyne Lidar Board of Directors Continues to Unanimously Recommend Stockholders Vote "FOR" the Proposed Merger Stockholders are Urged to Follow the Recommendations of Both ISS and Glass Lewis by Voting "FOR" the Proposed Merger by 11:59 pm (Eastern Time) on January 25, 2023 or In Person at the Special Meeting of Stockholders to be Held on January 26, 2023 Velodyne Lidar, Inc. (NASDAQ:VLDR, VLDRW))) today announced that the leading independent proxy advisory firm of Institutional Shareholder Services ("ISS") has recommended that sh
Velodyne Lidar Board of Directors Recommends Stockholders Vote "FOR" the Proposed Merger The Company Believes the Proposed Merger Represents a Transformational Transaction That Best Positions the Company to Generate Long-term Value for All Stockholders Votes Need to be Cast by End of Day (Eastern Time) on January 25, 2023 or In Person at the Special Meeting of Stockholders to be Held on January 26, 2023 Velodyne Lidar, Inc. (NASDAQ:VLDR, VLDRW))) today announced that independent proxy advisory firm Glass, Lewis & Co. ("Glass Lewis") has recommended that shareholders vote "FOR" the proposed merger with Ouster, Inc. at the Company's upcoming Special Meeting of Stockholders ("Special Meetin
New sensor management, calibration, perception and cloud software offerings empower customers to accelerate lidar development Velodyne Lidar, Inc. (NASDAQ:VLDR, VLDRW))) today announced the beta launch of its Vella family of software products. Vella enables Velodyne's customers to accelerate development of lidar-based vision solutions for autonomous applications. Using the online platform Vella Portal, Velodyne's sensor customers can easily access Vella's software offerings, which include Vella Go for lidar sensor management, Vella Perception for application development and Vella Cloud Services for artificial intelligence (AI) capabilities. This press release features multimedia. View the
Lidar-Powered Mapping Systems for Any 3D Environment Velodyne Lidar, Inc. (NASDAQ:VLDR, VLDRW))) today announced a multi-year agreement to provide its lidar sensors to GreenValley International for handheld, mobile and unmanned aerial vehicle (UAV) 3D mapping solutions, including in GPS-denied environments. Velodyne is already shipping sensors to GreenValley as part of this agreement. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221117005179/en/GreenValley International's LiBackpack DGC50 mobile backpack 3D mapping system equipped with Velodyne Lidar's Puck lidar sensors. Photo credit: GreenValley International GreenValley use
NEW YORK, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Velodyne Lidar, Inc. (NASDAQ:VLDR) Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the merger of VLDR and Ouster, Inc., whereby each share of VLDR will be exchanged for 0.8204 shares of Ouster. If you are a VLDR investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or email at [email protected]. Ouster, Inc. (NYSE:OUST) Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the merger of OUST and Velodyne Lid
Reported Q3 2022 billings of $12.5 million and revenue of $9.6 million Velodyne Lidar, Inc. (NASDAQ:VLDR, VLDRW))), a leading lidar company known worldwide for its broad portfolio of breakthrough lidar technologies, today announced financial results for its third quarter, which ended September 30, 2022. "We delivered another solid quarter, experiencing strong demand while making significant progress on initiatives to improve our gross margin and lower our cost structure," said Dr. Ted Tewksbury, CEO of Velodyne Lidar. "Our growing customer traction across multiple markets, as evidenced by the agreements we have recently announced, further validates Velodyne's position as a go-to supplier
Merger expected to strengthen financial position $355 million in combined Q3 cash Annualized cost savings expected to reach at least $75 million Ouster (NYSE:OUST), a leading provider of high-resolution digital lidar, and Velodyne (NASDAQ:VLDR, VLDRW))), a leading global player in lidar sensors and solutions, announced that they have entered into a definitive agreement to merge in an all-stock transaction. The proposed merger is expected to drive significant value creation and result in a strong financial position through robust product offerings, increased operational efficiencies, and a complementary customer base in fast-growing end-markets. Ouster and Velodyne will host a joint webc
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Craig Hallum upgraded Velodyne Lidar from Sell to Hold and set a new price target of $0.85 from $1.00 previously
Oppenheimer downgraded Velodyne Lidar from Outperform to Perform
JP Morgan initiated coverage of Velodyne Lidar with a rating of Underweight
Needham reiterated coverage of Velodyne Lidar with a rating of Buy and set a new price target of $5.90 from $7.50 previously
Craig Hallum downgraded Velodyne Lidar from Hold to Sell and set a new price target of $2.50 from $3.50 previously
Citigroup downgraded Velodyne Lidar from Buy to Neutral and set a new price target of $8.00 from $17.00 previously
Citigroup downgraded Velodyne Lidar from Buy to Neutral
Needham reiterated coverage of Velodyne Lidar with a rating of Buy and set a new price target of $7.50 from $11.00 previously
Needham reiterated coverage of Velodyne Lidar with a rating of Buy and set a new price target of $11.00 from $15.00 previously
Robert W. Baird downgraded Velodyne Lidar from Outperform to Neutral and set a new price target of $10.00 from $18.00 previously
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Cohu, Inc. (NASDAQ:COHU), a global supplier of equipment and services optimizing semiconductor manufacturing yield and productivity, today announced that Andreas ("Andy") W. Mattes has been appointed to the Cohu Board of Directors, effective November 1, 2022. Mr. Mattes will also serve on the Compensation Committee. Mr. Mattes brings to Cohu's Board of Directors extensive experience as a global technology CEO and business executive with more than 30 years of management experience. He most recently served as President and CEO of Coherent, Inc., where he operationally transformed the company and led its $6.6 billion acquisition by II-VI Incorporated in July 2022. Prior to Coherent, Mr. Matte
Former CFO of Micron and Lam Research Brings Extensive Experience in Operations, Finance and Technology to Velodyne Lidar's Board Velodyne Lidar, Inc. (NASDAQ:VLDR, VLDRW))), today announced that its Board of Directors has appointed Ernest E. Maddock to the Board, effective January 13, 2022. Mr. Maddock has been appointed as a Class III director and a member of the Board's Audit Committee. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220117005549/en/(Photo: Business Wire) Mr. Maddock is an operations, technology and corporate finance executive with over 35 years of leadership experience, including 10 as a public company CFO. F
Proven Executive Brings a Long Track Record and Decades of Experience Leading Innovative Businesses Velodyne Lidar, Inc. (NASDAQ:VLDR, VLDRW))), the leading lidar company, known worldwide for its broad portfolio of breakthrough lidar technologies, today announced the appointment of Theodore "Ted" L. Tewksbury, Ph.D. as Chief Executive Officer, effective November 10, 2021. Dr. Tewksbury is a proven technology executive with more than 30 years of leadership experience across a series of public and private companies. Dr. Tewksbury most recently served as Chief Executive Officer of Eta Compute, a leading provider of ultra-low power AI vision systems. Prior to Eta Compute, he held several chie
Condemns Moving Chairman Michael Dee from a Class II Director to a Class III Director to Avoid Having Him Stand for Re-Election at the 2022 Annual Meeting Urges the Board to Welcome New Directors with Integrity, Open-Mindedness and Technology Experience David Hall, the beneficial owner of approximately 42.9% of the outstanding common stock of Velodyne Lidar, Inc. (NASDAQ:VLDR) ("Velodyne Lidar" or the "Company"), today issued the following statement in response to the Company's November 1, 2021 announcement and Form 8-K filing regarding changes to its Board of Directors (the "Board"): "While we welcome the news of Brad Culkin's retirement from the Board, it does not remedy the fact that
Velodyne Co-Founder and Board Director Dr. Joseph B. Culkin to Retire Velodyne Lidar, Inc. (NASDAQ:VLDR, VLDRW))), today announced that its Board of Directors has appointed corporate governance expert Virginia Boulet to the Board. Ms. Boulet has been appointed to the Board as a Class II director and is expected to join November 4, 2021. Ms. Boulet currently serves as the Lead Independent Director, the Chair of the Nominating and Corporate Governance Committee and a member of the Compensation and Audit Committees of W&T Offshore, Inc. Ms. Boulet is a corporate governance leader with more than 30 years of experience in corporate and securities law at New Orleans' three largest firms. She is
Company Underscores Board's Exceptionally Qualified Directors, Who Possess Significant Experience, Broad Knowledge and Dedication to Sound Corporate Governance Management Team Continues to Deliver Market Leading Technology Innovation, New Products and Significant Progress on Growth Plans Expresses Concerns Regarding Eric Singer's Ability to Operate as an Unbiased, Independent Fiduciary Given Prior Breach of Fiduciary Duty and Compensation Arrangement with the Halls Velodyne Lidar, Inc. (NASDAQ:VLDR, VLDRW))) today issued the following response to a filing by David Hall and Marta Thoma Hall (the "Halls"), and Eric Singer: Velodyne Lidar is the leading lidar company, known worldwide for i
Believes the Board and Management Team is Fostering an Anti-Stockholder Culture That is Resulting in Insular Corporate Governance and Troubling Underperformance Asserts that the Board Lacks the Required Expertise and Does Not Have a Coherent Strategic Plan to Confront the Significant Challenges Facing Velodyne Lidar Contends Adding Eric Singer – An Independent Director with Strong Public Company Experience – to the Board Will Help Fix the Issues Plaguing Velodyne Lidar David Hall, the beneficial owner of approximately 98,951,541 shares or 52.2% of the outstanding common stock of Velodyne Lidar, Inc. (NASDAQ:VLDR) ("Velodyne Lidar" or the "Company"), today issued the following letter to s
First quarter 2021 revenue of $17.7 million 29 total active multi-year agreements as of May 1, 2021 Pipeline of 198 projects at May 1, 2021, 23 of which include software as a component $383.6 million of cash and short-term investments on the balance sheet at March 31, 2021 Velodyne Lidar, Inc. (NASDAQ:VLDR, VLDRW))), the first pure-play public lidar company, today announced financial results for its first quarter ended March 31, 2021. Business and Financial Metrics Units and ASPs: Velodyne shipped a market leading 2,684 sensor units in the first quarter of 2021. The company shipped 65% of its sensors to customers as spot-buys and 35% of its sensors to customers under multi-year
SAN JOSE, Calif.--(BUSINESS WIRE)--Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced that Hamid Zarringhalam, Corporate Vice President of Nikon Corporation, who has served as an observer of Velodyne Lidar’s Board of Directors since September 2018, has been appointed to the Velodyne Lidar Board, effective immediately. Mr. Zarringhalam brings to Velodyne Lidar nearly 35 years of experience in technology, operations, and business development. He is a highly qualified Board member, having served in a Board capacity for several companies in the Nikon investment portfolio, advising in particular on digital strategy and new market expansion. “We are pleased to welcome Hamid to o
Reported Q3 2022 billings of $12.5 million and revenue of $9.6 million Velodyne Lidar, Inc. (NASDAQ:VLDR, VLDRW))), a leading lidar company known worldwide for its broad portfolio of breakthrough lidar technologies, today announced financial results for its third quarter, which ended September 30, 2022. "We delivered another solid quarter, experiencing strong demand while making significant progress on initiatives to improve our gross margin and lower our cost structure," said Dr. Ted Tewksbury, CEO of Velodyne Lidar. "Our growing customer traction across multiple markets, as evidenced by the agreements we have recently announced, further validates Velodyne's position as a go-to supplier
Velodyne Lidar, Inc. (NASDAQ:VLDR, VLDRW))), today announced that it will release its third quarter 2022 financial results for the period ended September 30, 2022 on Tuesday, November 8, 2022 after the market close. A conference call to discuss the results will take place at 1:30 p.m. PT/4:30 p.m. ET the same day. What: Velodyne Lidar Third Quarter 2022 Earnings Conference Call When: Tuesday, November 8, 2022 Time: 1:30 p.m. PT / 4:30 p.m. ET Live Call: 844-890-1797 or 412-317-5487 and ask to be joined into the Velodyne Lidar call Live Webcast: https://investors.velodynelidar.com/ An archived webcast of the conference call will be accessible on Velo
Acquisition Bolsters Velodyne's Lidar Solutions for Intelligent Infrastructure Velodyne Lidar, Inc. (NASDAQ:VLDR, VLDRW))) today announced the company has acquired Bluecity, a Montreal-based artificial intelligence (AI) software company whose next-generation, lidar-based solutions solve safety, traffic and infrastructure issues. The all-stock acquisition reinforces Velodyne's commitment to enabling customer success by delivering industry-leading, AI-powered autonomous vision solutions. The addition of Bluecity is expected to be immaterial to operating expenses and cash usage. Bluecity's executive, software development and sales teams will join Velodyne. This press release features multimed
- Revenue of $11.5 million and billings of $12.5 million Velodyne Lidar, Inc. (NASDAQ:VLDR, VLDRW))), a leading lidar company known worldwide for its broad portfolio of breakthrough lidar technologies, today announced financial results for its second quarter, which ended June 30, 2022. "We saw strong customer traction in the second quarter across all three of our target markets: industrial and robotics, intelligent infrastructure and autonomous vehicles," said Dr. Ted Tewksbury, CEO of Velodyne Lidar. "Thanks to solid execution by our operations team, we delivered sequential revenue growth in the face of continuing supply chain headwinds. "We remain intensely focused on our dual goals of
Velodyne Lidar, Inc. (NASDAQ:VLDR, VLDRW))), today announced that it will release its second quarter 2022 financial results for the period ended June 30, 2022, on Monday, August 8, 2022, after the market close. A conference call to discuss the results will take place at 1:30 p.m. PT/4:30 p.m. ET the same day. What: Velodyne Lidar Second Quarter 2022 Earnings Conference Call When: Monday, August 8, 2022 Time: 1:30 p.m. PT / 4:30 p.m. ET Live Call: 844-890-1797 or 412-317-5487 and ask to be joined into the Velodyne Lidar call Live Webcast: https://investors.velodynelidar.com/ An archived webcast of the conference call will be acces
- Reported Q1 2022 revenue of $6.2 million, at the top end of guidance - - Delivered billings of $11.5 million - - Provided Q2 2022 guidance of revenue of $9.5 million to $12.0 million and billings of $12.0 million to $14.0 million - Velodyne Lidar, Inc. (NASDAQ:VLDR, VLDRW))), the leading lidar company known worldwide for its broad portfolio of breakthrough lidar technologies, today announced financial results for its first quarter ended March 31, 2022. "In the first quarter, we continued to see strong customer demand across all our target markets," said Dr. Ted Tewksbury, CEO of Velodyne Lidar. "Even in the face of supply chain headwinds, our solid execution delivered billings and rev
Velodyne Lidar, Inc. (NASDAQ:VLDR, VLDRW))), the leading lidar company, known worldwide for its broad portfolio of breakthrough lidar technologies, announced it will report first quarter 2022 financial results for the period ended March 31, 2022 at 1:30p.m. PT (4:30p.m. ET) on Thursday, May 5, 2022. Management will host a conference call and webcast to discuss business and financial results: What: Velodyne Lidar First Quarter 2022 Earnings Conference Call When: Thursday, May 5, 2022 Time: 1:30 p.m. PT (4:30 p.m. ET) Live Call: 844-890-1797 and ask to be joined into the Velodyne Lidar, Inc. call. Live Webcast: https://investors.velodynelidar.com/ An
Sold 4,900+ sensor units in Q4, achieving a quarterly record Shipped 15,000+ sensors in 2021, bringing lifetime total to 67,000+ Delivered $17.5 million and $61.9 million in revenue in Q4 and full year 2021; respectively Velodyne Lidar, Inc. (NASDAQ:VLDR, VLDRW))), the leading lidar company known worldwide for its broad portfolio of breakthrough lidar technologies, today announced financial results for its fourth quarter and year ended December 31, 2021. Fourth Quarter 2021 Highlights 4,900+ sensor units shipped, including 900+ solid state sensors, bringing the 2021 total to 15,000+ sensors shipped, 2,400+ of which were solid state sensors $17.5 million in revenue, up 34.3% comp
Velodyne Lidar, Inc. (NASDAQ:VLDR, VLDRW))), the leading lidar company, known worldwide for its broad portfolio of breakthrough lidar technologies, announced today that it will report fourth quarter and FY 2021 financial results for the period ended December 31, 2021, following the close of the market on Monday, February 28, 2022. On that day, management will host a conference call and webcast at 1:30p.m. PT (4:30p.m. ET) to discuss business and financial results. What: Velodyne Lidar Fourth Quarter and FY 2021 Earnings Conference Call When: Monday, February 28, 2022 Time: 1:30 p.m. PT (4:30 p.m. ET) Live Call: 877-270-2148 and ask to be joined into the Velodyne Lidar, Inc. call. Live
Proven technology executive, Dr. Theodore L. Tewksbury, to join Velodyne as Chief Executive Officer on November 10, 2021 35 total active multi-year agreements as of November 1, 2021 More than 4,400 sensor units shipped Pipeline of 220 projects at November 1, 2021 $324.5 million of cash and short-term investments on the balance sheet at September 30, 2021 Velodyne Lidar, Inc. (NASDAQ:VLDR, VLDRW))), the leading lidar company, known worldwide for its broad portfolio of breakthrough lidar technologies, today announced financial results for its third quarter ended September 30, 2021. Business and Financial Metrics Units: Velodyne shipped a market leading more than 4,400 sensor uni
lululemon athletica (LULU) - "...a compelling entry point [in lululemon], particularly for intermediate- to longer-term [investors]," according to analysts at Oppenheimer Wednesday morning. To hear more from the analyst call, tune into Benzinga's daily Stocks To Watch podcast on Benzinga's Twitter around market open or on Spotify or Apple after 10 a.m. EST. Lyft (LYFT) - The company will report quarterly results on Thursday after market close. Shares were up about 3% Wednesday morning following better-than-expected Q4 sales out of peer Uber (UBER). Avis Budget Group (CAR) - Will report Q4 results on Monday after market clos
Gainers Cipher Mining (NASDAQ:CIFR) shares increased by 32.6% to $1.83 during Thursday's regular session. As of 12:31 EST, this security is trading at a volume of 1.7 million shares, making up 208.4% of its average full-day volume over the last 100 days. The company's market cap stands at $452.9 million. 8x8 (NASDAQ:EGHT) shares increased by 23.95% to $6.21. As of 12:31 EST, 8x8's stock is trading at a volume of 2.8 million, which is 152.3% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $693.5 million. As per the press release, Q3 earnings came out yesterday. Affirm Holdings (NASDAQ:AFRM) stock increased by 23.7% to $21.92. As of
Fourth Quarter and Fiscal Year 2022 Financial Results Ouster achieved its Fiscal Year 2022 guidance of $40 to $55 million in revenue and 25% to 30% in gross margins. Velodyne exceeded its fourth quarter 2022 guidance of $13 million and $15 million in billings3 and $12 to $14 million in revenue.
Ouster and Velodyne achieved Fiscal Year and Q4 2022 guidance, respectively Diverse Combined Company Board designees with deep company, industry, and financial expertise Approximately $315 million in combined cash1 as of December 31, 2022 Ouster, Inc. (NYSE:OUST) ("Ouster"), a leading provider of high-resolution digital lidar, and Velodyne Lidar, Inc. (NASDAQ:VLDR, VLDRW))))) ("Velodyne"), a global player in lidar sensors and solutions, announced today the proposed designations for the Board of Directors of the Combined Company, subject to approval by the Ouster Board of Directors and closing the proposed merger of equals. The merger is expected to drive significant value creation and res
Velodyne Lidar, Inc. (NASDAQ:VLDR, VLDRW)) today announced that the Special Meeting of Stockholders ("Special Meeting") to approve the proposed merger with Ouster, Inc. (NYSE:OUST) and related matters was convened and adjourned without conducting any business. The Special Meeting will reconvene at 9:00 a.m. PT on February 3, 2023. According to Velodyne bylaws, 50% of shareholders must participate to reach the required quorum for the Special Meeting. In addition, more than 50% of outstanding shares must be voted in favor of the merger to pass the proposal. At this time, shareholders representing over 48.6% of total outstanding shares have recorded their vote on the proposed merger, of which
Gainers MicroCloud Hologram (NASDAQ:HOLO) shares moved upwards by 34.2% to $17.39 during Tuesday's pre-market session. The company's market cap stands at $883.6 million. Safe-T Gr (NASDAQ:SFET) shares increased by 7.14% to $3.0. The market value of their outstanding shares is at $9.7 million. IronNet (NYSE:IRNT) shares increased by 5.36% to $0.37. The company's market cap stands at $38.4 million. Iteris (NASDAQ:ITI) stock increased by 4.94% to $3.61. The market value of their outstanding shares is at $153.9 million. Inpixon (NASDAQ:INPX) stock increased by 4.76% to $1.54. The market value of their outstanding shares is at $4.9 million. WISeKey Intl Hldg (NASDAQ:WKEY) shares moved upwar
Velodyne Lidar Board of Directors Recommends Stockholders Vote "FOR" the Proposed Merger The Company Believes the Proposed Merger Represents a Transformational Transaction That Best Positions the Company to Generate Long-term Value for All Stockholders Votes Need to be Cast by End of Day (Eastern Time) on January 25, 2023 or In Person at the Special Meeting of Stockholders to be Held on January 26, 2023 Velodyne Lidar, Inc. (NASDAQ:VLDR, VLDRW))))) today announced that independent proxy advisory firm Glass, Lewis & Co. ("Glass Lewis") has recommended that shareholders vote "FOR" the proposed merger with Ouster, Inc. at the Company's upcoming Special Meeting of Stockholders ("Special Meeti
One of the themes of the last two years has been a growing number of lidar technology companies going public — many chose the SPAC route. A hedge fund is now taking on one of those companies and shared with Benzinga exactly why. What Happened: Hedge fund Citron Research, which is headed by Andrew Left, shared tweets Friday on why the company is short shares of Luminar Technologies (NASDAQ:LAZR), one of several lidar companies that went public via SPAC merger. See Also: Dow Jumps 700 Points, S&P Rises Over 2% “$LAZR stock looks like it's heading under $1. CEO Austin Russell uses every bit of jargon and double-speak at CES to avoid the fact that his company will not see any meaningful rev
Citigroup analyst Itay Michaeli maintains Velodyne Lidar (NASDAQ:VLDR) with a Neutral and lowers the price target from $1.7 to $1.3.