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Benzinga
Benzinga
Business
Adam Eckert

SHOCKING: Why innoviz technologies stock is surging | Mind Blowing Facts

Innoviz Technologies Ltd (NASDAQ:INVZ) shares are trading higher Monday after the company announced that a large vehicle manufacturer selected Innoviz as its direct LiDAR supplier across multiple brands.

The decision follows more than two years of extensive diligence and qualification and is expected to increase Innoviz's forward-looking order book by $4 billion to $6.6 billion. 

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