Why Velodyne Lidar Stock Sank 10% Today : vimarsana.com

Why Velodyne Lidar Stock Sank 10% Today


Author Bio
Howard grew up in Philadelphia watching the Philly sports teams struggle for championships. He has been investing since 1989 and been a Fool since 2001. Prior to joining The Fool as a contract writer in 2019, Howard worked in the steel business as an engineer for 28 years. When he isn’t writing, he is usually out for a run, or relaxing to the music of the Grateful Dead.
What happened
Shares of lidar sensor maker
Velodyne Lidar (NASDAQ:VLDR) were trading 10% lower Thursday as of 11:45 a.m. EST. But that was after the stock shot up by almost 50% earlier this week. The stock has now given back about half of those gains. 

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