** Shares of automotive company Luminar Technologies
rise 8.8% to $1.11 in extended trading
** LAZR says co has been selected to be featured as standard equipment on an additional model in the Volvo Cars line-up
** Announces new contract with a major Japanese automaker
** Co says it generates first Luminar Halo point cloud
** "This quarter, we've further restructured Luminar to withstand near-term headwinds facing the industry" - CEO Austin Russell
** Up to last close, stock down ~58% YTD
(Reporting by Jaspreet Singh in Bengaluru)
((Jaspreet.Singh@thomsonreuters.com ; ))
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