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Why Velodyne Lidar Stock Popped Today

·2 min read
Why Velodyne Lidar Stock Popped Today
In this article:
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Shares of several electric vehicle stocks surged yesterday on various items of news that ended up driving Tesla's market cap over $1 trillion for the first time. Today, some of that excitement has shifted to autonomous vehicle names, including Velodyne Lidar (NASDAQ: VLDR). The stock jumped almost 18% at session highs, and remained 10.2% higher as of noon EDT.