INVZ / Innoviz stock surges on heavy volume after lidar order from 'one of the largest' auto makers

el Aviv-based sensor maker Innoviz Technologies Ltd. INVZ, -2.81% said Monday its entire team remains safe and no on was injured after the weekend att more_horizontal

After years of talk — and a SPAC boom in the sensor sector — automakers have finally started incorporating lidar units into their vehicles. more_horizontal

Innoviz is raising $65 million in additional capital via a secondary offering of shares. The secondary offering was priced at a discount to the curren more_horizontal

A player in the Lidar and autonomous vehicle space, Israel-based Innoviz (NASDAQ: INVZ ) announced that it would sell 26 million shares of INVZ stock, more_horizontal

This is the first of two Deep Dives screening EV-related stocks. This screen is based on analysts' ratings and consensus price targets. more_horizontal

A rebound for technology stocks and excitement around AI are driving the market higher. LiDAR systems serve a wide range of industries including autom more_horizontal

Lidar technology companies are racing to secure contracts with auto manufacturers, time is running out for some. Innoviz has expanded its agreement wi more_horizontal

Innoviz has a strong product portfolio focused on technology and innovation. The integration with all top three autonomy platform players brings struc more_horizontal