Luminar’s LIDAR Rollercoaster: Stock Rockets on Buyout Buzz, Then Plunges Amid Cash Crunch
Stock Performance and Recent Price Action Luminar’s stock has been exceptionally volatile. On Oct. 24, 2025 the shares spiked about 31% (to ~$2.28 intraday) as the market jumped on “buyout buzz” tied to founder Austin Russell’s proposal ts2.tech ts2.tech. That move briefly pushed LAZR above its short-term resistance (~$2.10–$2.25) ts2.tech. However, within days investors were hit with negative news – missed debt payments, a halted production forecast and cash worries – causing the stock to crash. From intraday highs near $2.25 on Oct. 24, LAZR plunged to a one-year low around $1.11 by Oct. 31 ts2.tech. As of Nov. 1 the stock traded roughly