Fool.com contributor Parkev Tatevosian discusses Luminar's (LAZR +31.36%) progress in improving the bottom line.
*Stock prices used were the afternoon prices of Aug. 20, 2023. The video was published on Aug. 22, 2023.
Luminar Is Making Huge Strides Toward Profitability
By Parkev Tatevosian, CFA – Aug 24, 2023 at 5:15AM
NASDAQ: LAZR
Luminar Technologies
Market Cap
$153M
Today's Change
(31.36%) $0.53
Current Price
$2.22
Price as of October 24, 2025 at 4:00 PM ET
As it reaches large-scale production, Luminar expects margins to improve.
About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.