Luminar’s LiDAR Rollercoaster: LAZR Stock Soars on Buyout Buzz, Crashes on Cash Crunch – October 2025 Update
Latest News: Buyout Buzz vs. Cash Crunch Late October brought whiplash for Luminar investors. On Oct. 25, 2025, Luminar’s stock skyrocketed ~31% in a single session, hitting an intraday high around $2.28 ts2.tech ts2.tech. This surge was fueled by two factors: a broad tech rally (markets jumped on cooling inflation and AI optimism) and speculation about a buyout led by Luminar’s founder. Media reports and an SEC filing revealed that Austin Russell – Luminar’s 28-year-old founder who was ousted as CEO in May – had proposed a deal to acquire all outstanding Class A shares through his new venture, Russell AI