r/pennystocks - 2025-07-28 10:25 - Score: 0 - Comments: 5
✅ Why This Could Be a Legit Rebound Play:
1. New CEO with Proven Track Record:
Paul Ricci (former Nuance CEO) just took over from founder Austin Russell. Ricci led Nuance through growth and a $19B acquisition by Microsoft. Market sees this as a serious upgrade.
2. Major OEM Contracts Still Intact
LAZR is partnered with Volvo, Polestar, Mercedes, and SAIC for its Lidar sensors. Volvo’s EX90 and Polestar 3 are both expected to roll out with LAZR tech. These aren’t future promises — contracts ...