Ford reports 7.6% stake in newly-public, self-driving auto company Velodyne Lidar

Ford (NYSE:F) reports a holding of 13.06M shares in Velodyne Lidar (NASDAQ:VLDR), Ford (NYSE:F) reports a holding of 13.06M shares in Velodyne Lidar (NASDAQ:VLDR), equating to 7.6% stake.

An autonomous-driving company specializing in vehicle sensors, Velodyne Lidar came public last month via merger with blank-check company Graf Industrial.

VLDR is up 5% after-hours. to 7.6% stake.

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