Home Top Movers Looking Under the Hood: What's Happening to MicroVision Inc.

Looking Under the Hood: What’s Happening to MicroVision Inc. [MVIS]

MicroVision, Inc. (NASDAQ: MVIS) stock bounced back from the last-night dip as it rises 34.06% to $18.80 in the Pre-Market Session. A Company’s share price increased by 2187.96% since the beginning of this year. Over the past 5 trades, the stock gained 51.19%, and over the last 30 trades, the stock rose 139.32%. However, during the past six months, its share price rose 809.09% and 665.03% over the previous three months.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now.  

Company Info


The 2021 Backdoor Crypto Portfolio (free)

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.

Sponsored


MicroVision, Inc. (NASDAQ: MVIS) is a company leading the way in MEMS-based laser beam scanning technologies. It combines MEMS, lasers, optics, hardware, algorithms, and machine learning into proprietary products to address existing and emerging markets. In addition to automotive lidar solutions, we provide solutions for augmented reality micro-display engines, interactive display modules, and consumer lidar modules through our integrated approach.

Read More

What has just happened?

February 11, 2021, MicroVision, Inc. (NASDAQ: MVIS) announced that it had received the necessary equipment and components needed to complete the A-Sample of its Long-Range Lidar Sensor by the April deadline. On its development platform, the Company has also begun outdoor testing of key performance features.

The Long-Range Lidar Sensor, developed by MicroVision for over two years, is expected to meet or exceed OEM’sOEM’s requirements for autonomous safety and autonomous driving,” says Sumit Sharma, MicroVision’sMicroVision’s CEO.

We expect our LRL Sensor to have the most extended range and the highest resolution at any content for the first generation. We hope it to have 340 vertical lines for a range of at least 250 meters, 568 up to 120 meters, and 944 up to 60 meters. It is equivalent to 520 points per square degree. We will also be able to output the velocity of objects moving about an ego vehicle at a rate of 30 Hz in our real-time sensor output. Our sensor, built on a scalable silicon wafer and laser diode technologies, can scale to achieve ASPs of less than $1,000, expected to make it a commercial success, said Sharma.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now.  

Tech Sector Outlook

Technology Sector offers investors opportunities for growth and income, as investors can pick from several mature, established companies. Because this is a rapidly growing sector, there are some growth opportunities, even in mature companies.MicroVision, Inc. (NASDAQ: MVIS) belongs to the Scientific & Technical Instruments Industry, which grew fastest within the Technology sector. Total ranking in revenue growth has improved so far to 6, from 13 in the previous quarter.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

Sino-Global Shipping (SINO) Is Rising Today: Thanks To A Step Forward In Digital Currency

The provider of shipping and freight logistics integrated solutions Sino-Global Shipping America Ltd. (NASDAQ: SINO) has been experiencing an 11.48% rise in its stock...

Why Genesis Healthcare (GEN) Stock Leapt 14% After-Hours? Here Is An Explanation

Shares of medical care facilities provider Genesis Healthcare, Inc. (NYSE: GEN) rose by 14.07% in after-hours trading on Tuesday following indirectly related news of...

Why Maravai LifeSciences (MRVI) Shares Are Up 20% After-Hour

The stock of global provider of life science reagents and services Maravai LifeSciences Holdings, Inc. (Maravai) (NASDAQ: MRVI) surged by 19.94% in trading after...

Iridex Corporation (IRIX) Shares Rose 26.27% After-Hour, Thanks To A Strategic Alliance

Iridex Corporation (NASDAQ: IRIX) saw its shares’ price climbing 26.27% in after-hours trading on Tuesday following news of a strategic collaboration with a Japanese...

Inpixon (INPX) Building its Reputation in the market

Inpixon recently got a huge amount of recognition from various firms. INPX company was commended by Gartner and by IoT Sensor company. These recognitions resulted in an overall good impression of the company. This news gave a huge boost to the company and as a result, the company will be looking forward to attracting more investors.

How Come Ovid Therapeutics Is On The Rise Today?

Price of the biopharmaceutical company Ovid Therapeutics Inc. (NASDAQ: OVID) is on an uptick in early trades today. The stock was at a rise...

Moonpay Integrates NEM (XEM) into its global payment solution

NEM is part of the biggest exchange trading competition. NEM (XEM) has established itself as a renowned crypto asset in the market over the years....

Why The KemPharm (KMPH) Stock Has Been Rising More Than 50% In Early Trades?

The specialty pharmaceutical company KemPharm, Inc. (NASDAQ: KMPH) has been seeing its shares skyrocketing in early trades today. As of 10:46 a.m. EST, the...

Related News

How Come Ovid Therapeutics Is On The Rise Today?

Price of the biopharmaceutical company Ovid Therapeutics Inc. (NASDAQ: OVID) is on an uptick in early trades today. The stock was at a rise...

What Is Driving Asensus Surgical (TRXC) Stock Up Today?

Shares of the medical device company Asensus Surgical, Inc. (TRXC) have been surging 21.17% in early trades today rising to $4.75 at last check....

The Ross Stores (ROST) Stock Fell 5% Because of What?

The apparel retail company Ross Stores Inc (ROST) saw its share price decline by nearly 5% in extended trading. The regular session saw the...

CHF Solutions, Inc. (CHFS): Why Is It Upticking Today?

The medical device company CHF Solutions, Inc. (Nasdaq: CHFS) started today’s trading on a positive note. As of 10:51 a.m. EST, the stock was...

Is It Because The Stock of Communications Systems, Inc. (JCS) Is Climbing 111% Pre-Market?

In pre-market session today, Communications Systems, Inc. (JCS) shares have been rising aggressively. As of 09:16 a.m. EST, the stock was at a rise...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.

Get The Best Stocks To Trade Every Day!...100% Free

We do not sell or share your information with anyone.

Get Best Morning Financial Newsletter... 100% Free

Best stocks ideas

Analysts’ Upgrades & Downgrades

Insider Watchlist

Important Earnings

We do not sell or share your information with anyone.