Aurora Innovation (NASDAQ:AUROW) Trading 12.2% Higher – Still a Buy?

Aurora Innovation, Inc. (NASDAQ:AUROWGet Free Report)’s stock price shot up 12.2% on Monday . The company traded as high as $0.23 and last traded at $0.22. 28,415 shares were traded during trading, a decline of 38% from the average session volume of 45,588 shares. The stock had previously closed at $0.1961.

Aurora Innovation Stock Up 12.2%

The firm’s 50 day moving average price is $0.28 and its 200-day moving average price is $0.38.

Aurora Innovation Company Profile

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Aurora Innovation, Inc is a technology company focused on developing self-driving systems for the transportation industry. Founded in 2017 by Chris Urmson, Sterling Anderson and Drew Bagnell, Aurora builds software, hardware and sensor integrations designed to enable commercial vehicles and passenger cars to operate autonomously. Headquartered in Mountain View, California, the company aims to advance road safety and efficiency through its proprietary autonomy platform.

The core offering from Aurora is the Aurora Driver, a modular autonomous driving system that combines lidar, radar, cameras and computing hardware with machine learning software.

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