Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
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.