Shares of self-driving vehicle company Aurora Innovation plunged over 15% in after-hours trading on Tuesday following the release of its third-quarter earnings report.
Aurora Innovation reported a quarterly loss of $0.13 per share, missing analyst expectations of a $0.11 loss per share by a significant margin. The disappointing earnings results appeared to spur a sell-off in the company's stock as investors reacted negatively to the wider-than-anticipated losses.
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