Aurora Innovation (NASDAQ:AUROW) Shares Down 2% – Here’s What Happened

by · The Cerbat Gem

Aurora Innovation, Inc. (NASDAQ:AUROW – Get Free Report) was down 2% during mid-day trading on Wednesday . The stock traded as low as $0.36 and last traded at $0.48. Approximately 21,126 shares traded hands during trading, a decline of 68% from the average daily volume of 67,011 shares. The stock had previously closed at $0.49.

Aurora Innovation Stock Performance

The firm’s 50-day simple moving average is $0.29 and its 200 day simple moving average is $0.30.

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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