Reported 1 day ago
Aeva Technologies, Inc. (NASDAQ:AEVA) saw an 8.55% increase in its stock price, closing at $36.43, driven by growth prospects in industrial automation, robotics, and autonomous driving. The company's focus on lidar systems positions it to benefit as more industries adopt robotics for various tasks. E-commerce leader Amazon highlighted advancements in warehouse automation, while auto companies like Tesla and Uber are expanding into autonomous driving, further bolstering optimism for the lidar market.
Source: YAHOO