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Save your seatAUROW bounced from roughly $0.13 to $0.50 over the past year as Aurora's driverless trucking launch and Texas freight expansion kept the underlying story alive.
A failure to hold $0.40 could see a retrace toward $0.25 to $0.30. Any fade in Aurora commercialization momentum or fresh equity dilution at the common stock level would accelerate the downside.
If AUROW holds the $0.40 to $0.45 area and AUR keeps building on commercial trucking news, a push back toward $0.65 to $0.80 is on the table. Resistance at $0.55 is the first hurdle.
We don't currently have information about Aurora Innovation Inc. Warrant's earnings.