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Aurora Innovation Stock Dips Amid New Coverage

Aurora Innovation Stock Dips Amid New Coverage

Aurora Innovation ( (AUR) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.

Aurora Innovation’s stock movement is influenced by Morgan Stanley’s initiation of coverage with an Overweight rating. The investment firm highlights Aurora’s upcoming commercial driverless revenues as a major milestone, seeing autonomous trucking as a transformative opportunity. Despite financial hurdles, Aurora is seen as well-positioned for growth in the autonomous driving sector. No specific price target changes were mentioned.

More about Aurora Innovation

YTD Price Performance: 19.18%

Average Trading Volume: 14,779,894

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $12.65B

For further insights into AUR stock on TipRanks’ Stock Analysis page.

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