Luminar Technologies (LAZR) Stock Is Plunging Today: What's Going On?

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Luminar Technologies Inc (NASDAQ:LAZR) stock is trading sharply lower Monday morning on continued volatility. The company last week announced it had initiated voluntary Chapter 11 proceedings in the U...

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The company last week announced it had initiated voluntary Chapter 11 proceedings in the U...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/movers/25/12/49542197/luminar-technologies-lazr-stock-is-plunging-today-whats-going-on\">Source Link</a>\n\n</div>\n","source":"benzinga_recent_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Luminar Technologies (LAZR) Stock Is Plunging Today: What's Going On?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLuminar Technologies (LAZR) Stock Is Plunging Today: What's Going On?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-12-23 00:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/trading-ideas/movers/25/12/49542197/luminar-technologies-lazr-stock-is-plunging-today-whats-going-on><strong>Benzinga_recent_news</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Luminar Technologies Inc (NASDAQ:LAZR) stock is trading sharply lower Monday morning on continued volatility. The company last week announced it had initiated voluntary Chapter 11 proceedings in the U...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/movers/25/12/49542197/luminar-technologies-lazr-stock-is-plunging-today-whats-going-on\">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":"LAZR","symbol_name":"Luminar Technologies, Inc.","start_time":0,"source_url":"https://www.benzinga.com/trading-ideas/movers/25/12/49542197/luminar-technologies-lazr-stock-is-plunging-today-whats-going-on","article_id":"2593026431","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2025/12/22/Financial-Securities-Market--Stock-Marke.jpeg?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/trading-ideas/movers/25/12/49542197/luminar-technologies-lazr-stock-is-plunging-today-whats-going-on","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2593026431","pubTimestamp":1766422620,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Luminar Technologies Inc (NASDAQ: LAZR) stock is trading sharply lower Monday morning on continued volatility. Here's what you need to know.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LAZR":"Luminar Technologies, Inc.","BK4591":"室温超导概念","BK4551":"寇图资本持仓","BK4602":"量子计算概念","BK4124":"机动车零配件与设备","BK4537":"激光雷达概念","BK4023":"应用软件","BK4170":"电脑硬件、储存设备及电脑周边","BK4608":"AI应用概念股","BK4562":"SPAC上市公司"},"translate_title":"Luminar Technologies(LAZR)股票今天暴跌：发生了什么？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LAZR":1.98},"content_text":"Luminar Technologies Inc (NASDAQ:LAZR) stock is trading sharply lower Monday morning on continued volatility. The company last week announced it had initiated voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the Southern District of Texas. Here’s what investors need to know.\nWhat To Know: Luminar said the bankruptcy filing is part of a strategic push to facilitate a court-supervised sale of its assets and address its debt obligations.\nA key component of the restructuring is a newly inked agreement to sell its subsidiary, Luminar Semiconductor, to Quantum Computing Inc (NASDAQ:QUBT) for $110 million in cash. \nLuminar emphasized that Luminar Semiconductor is not a debtor in the Chapter 11 cases and will continue operations as usual, with the sale subject to higher or better offers under a Section 363 process.\nLuminar enters bankruptcy with a Restructuring Support Agreement backed by approximately 91.3% of its first lien noteholders and 85.9% of its second lien noteholders. \nCEO Paul Ricci cited “legacy debt obligations and the pace of industry adoption” as primary challenges, stating that a court-supervised sale provides the best path to maximize value. The company expects to continue its daily operations uninterrupted, funded by approximately $25 million in cash on hand.\nLAZR Price Action: Luminar Technologies shares were down 64.53%, trading slightly below 22 cents at the time of publication on Monday. The stock is trading near its 52-week low of 18 cents, according to Benzinga Pro data.\nRead Also: Nvidia Shares Rise To Start The Week: What’s Going On With The AI Chip Stock?\nImage: Shutterstock\nThis content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2593026431","isCrawlerRequest":true}