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LIDR shares jump 38% after first-ever space contract

LIDR shares surged 38% on Tuesday, briefly clearing the 50-day moving average for the first time in nearly three months. TradingView reports the move followed the company landing its first-ever space contract.

LIDR

Shares of AEye (LIDR) surged 38% on Tuesday, briefly surging past its 50-day moving average (50-DMA) for the first time in nearly three months, after the lidar company landed its first-ever space contract.LIDR shares also clocked their biggest single-day gain in more than five months.A Multi-Millio…