Sensor Maker Velodyne Lidar’s Shares Surge After Amazon Investment

Velodyne shares rose 58% to $5.95 in after-hours trading.



Photo:

edgar su/Reuters

Velodyne Lidar Inc.’s


VLDR -0.79%

stock jumped more than 50% in extended-hours trading Monday after the maker of sensors for autonomous cars reported an investment by

Amazon.com Inc.


AMZN 0.19%

The California-based Velodyne on Monday said it would issue a warrant for an…

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