John Babcock

Shares of Luminar Technologies Inc (NASDAQ: LAZR) were tanking in early trading on Wednesday. Volume forecasts for the company have been reduced meaningfully to reflect model launch delays and lower expectations for vehicles adopting the LIDAR technology, according to BofA Securities. The Luminar...

Fawn River Cultivation Company and BioLumic entered into a new partnership to redefine cannabis cultivation in Michigan using BioLumic’s patented UV light technology, opening the door for new varieties to hit the consumer market by the end of 2023. “The BioLumic technology will enable...

The recent pressure on Sonos Inc’s (NASDAQ: SONO) stock that followed Apple Inc’s (NASDAQ: AAPL) decision to remove third-party speakers from its website seems to be overdone, according to BofA Securities. The Sonos Analyst: John Babcock upgraded Sonos from Neutral to Buy and...

Although iRobot Corporation’s (NASDAQ: IRBT) first-quarter results are supported by recent data on strong sell-through for robot vacuums, this may not be indicative of an acceleration in the category, according to BofA Securities. The iRobot Anlayst John Babcock downgraded iRobot from...