Stock Track | Aurora Innovation Shares Plummet on Wider-Than-Expected Q3 Losses

Stock Track10-31

Shares of self-driving vehicle company Aurora Innovation Inc. (NASDAQ: AUR) plunged more than 13% in trading on Tuesday, following the release of the company's third-quarter earnings report that missed Wall Street's expectations.

Aurora reported a quarterly loss of $0.13 per share, wider than the analysts' consensus estimate of $0.11 loss per share. The company's revenue and other key financial metrics for the quarter were not immediately available.

The disappointing earnings results sparked a sell-off in Aurora's stock, which fell as much as 15% in after-hours trading on Tuesday before paring some losses. The steep decline underscores investors' concerns over the company's ability to control costs and achieve profitability amid intensifying competition in the autonomous driving space.

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(NASDAQ: AUR) plunged more than 13% in trading on Tuesday, following the release of the company's third-quarter earnings report that ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AUR","symbol_name":"Aurora Innovation","start_time":0,"source_url":"","article_id":"1190024197","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1190024197","pubTimestamp":1730333926,"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of self-driving vehicle company Aurora Innovation Inc.  plunged more than 13% in trading on Tuesday, following the release of the company's third-quarter earnings report that missed Wall Street's expectations.Aurora reported a quarterly loss of $0.13 per share, wider than the analysts' consensus estimate of $0.11 loss per share. 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