Innoviz Technologies (NASDAQ:INVZW) Trading Down 7.5%

Innoviz Technologies Ltd. (NASDAQ:INVZWGet Free Report) shares fell 7.5% on Friday . The stock traded as low as $0.19 and last traded at $0.22. 5,582 shares were traded during mid-day trading, a decline of 78% from the average session volume of 24,982 shares. The stock had previously closed at $0.24.

Innoviz Technologies Price Performance

The company’s 50-day moving average price is $0.26 and its two-hundred day moving average price is $0.37.

Innoviz Technologies Company Profile

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Innoviz Technologies Ltd. manufactures and sells automotive grade LiDAR sensors and perception software to enable safe autonomous driving at a mass scale. The company offers InnovizOne, a solid-state LiDAR sensor designed for automakers and robotaxis, shuttles, trucks, and delivery companies requiring an automotive-grade and mass-producible solution to achieve autonomy.

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