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Benzinga

Business

Adam Eckert

Innoviz Technologies Stock Is Tumbling Today: What's Going On?

Innoviz Innoviz Technologies INVZ

InnovizTwo Slim_2

Innoviz Technologies Ltd (NASDAQ:INVZ) shares are trading lower Wednesday on the heels of the company’s second-quarter financial results. Innoviz also announced a mixed shelf offering Wednesday morning.

What To Know: Innoviz reported second-quarter revenue of $9.75 million, beating analyst estimates of $9.00 million, according to Benzinga Pro. The company reported a second-quarter loss of 9 cents per share, in line with analyst estimates.

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