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Submission: On February 09 via api from CH — Scanned from DE
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We've detected you are on Internet Explorer. For the best Barrons.com experience, please update to a modern browser. CHROME SAFARI FIREFOX We've detected you are on Internet Explorer. For the best Barrons.com experience, please update to a modern browser.GoogleFirefox Search News & Quotes Barron's TopicsStock PicksMagazineDataAdvisorPenta100 Years Subscribe Now |Sign In Barrons CEO of Self-Driving-Car Firm Luminar Buys Stock Next: Nvidia Stock Is in a Bear Market. Why It’s Time to Buy the Highflying Chip Maker. * * * * Share This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. https://www.barrons.com/articles/luminar-stock-ceo-51643731943 * Autos * Inside Scoop CEO OF SELF-DRIVING-CAR FIRM LUMINAR BUYS STOCK * * * * -------------------------------------------------------------------------------- By Ed Lin Feb. 4, 2022 1:56 pm ET * Order Reprints * Print Article Luminar Technologies stock has been slumping, and founder and CEO Austin Russell scooped up the cheaper shares. Luminar (ticker: LAZR) stock lost half of its value last year, compared with a 27% rise in the S&P 500 index. So far this year, shares have slipped 13%, compared with a 5% slip in the S&P. The company, which went public through a special-purpose acquisition company in December 2020, makes lidar sensors for self-driving vehicles. Luminar was sideswiped as investors turned against newly public SPAC deals. On December... Subscribe or Sign In to continue reading -------------------------------------------------------------------------------- * Technology * One Stock NVIDIA STOCK IS IN A BEAR MARKET. WHY IT’S TIME TO BUY THE HIGHFLYING CHIP MAKER. * * * * -------------------------------------------------------------------------------- By Jacob Sonenshine Feb. 8, 2022 1:39 pm ET * Order Reprints * Print Article NVIDIA STOCK HAS GOTTEN HIT HARD. ONE INVESTOR EXPLAINS WHY IT MAY BE TIME TO BUY. David Paul Morris/Bloomberg Nvidia (NVDA) stock, like many tech shares, has tumbled from its 2021 high. But with the “metaverse” providing a tailwind, it may be time to buy. Shares of Nvidia have tumbled more than 25% from its late November all-time of $333.76, a drop technically defined as a bear market. There’s nothing fundamentally wrong with Nvidia. Its failed acquisition of chip designer ARM has been an overhang, and It has gotten hit, along with other high-growth stocks, because Federal Reserve is getting ready to raise interest rates, something... Subscribe or Sign In to continue reading -------------------------------------------------------------------------------- More from News Corp * Realtor.com Looking to buy your first home? You’ve come to the right place. * Wall Street Journal Health Care Roundup: Market Talk * Mansion Global Cash in Your Chips at This Nearly 13,000-Square-Foot Vegas Mansion * Financial News London Getting tough on dirty Russian money is in the City’s best interests * PENTA Great Escapes: Snowy Adventures in Trentino, Italy Close CEO OF SELF-DRIVING-CAR FIRM LUMINAR BUYS STOCK Luminar Technologies stock has been slumping, and founder and CEO Austin Russell scooped up the cheaper shares. From To Message SEND An error has occurred, please try again later. Thank you This article has been sent to Privacy Notice Cookie Notice Do Not Sell My Personal Information Copyright Policy Data Policy Your Ad Choices Subscriber Agreement & Terms of Use Barron's Archive Corporate Subscriptions Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved. Barron's Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.