Shares of Luminar Technologies Inc ( LAZR ) have surged 55% to $8.53 over the past week after the company reported its fourth-quarter earnings.

What Happened: Despite reporting a fourth-quarter loss of $1.26 per share, Luminar ( LAZR ) exceeded revenue expectations, posting $22.48 million in revenue—outpacing analysts' $17.72 million estimate and slightly improving from $22.11 million a year prior.

CEO Austin Russell celebrated a milestone year for the company, highlighted by the launch of the Volvo EX90, the first global production vehicle to integrate Luminar's ( LAZR ) lidar technology in partnership with NVIDIA.

Investor excitement also surged following a viral YouTube test by Mark Rober, which compared Tesla’s Autopilot to Luminar's ( LAZR ) lidar.

What Else: Luminar ( LAZR ) is targeting a threefold increase in lidar shipments by 2025 as more automakers integrate its cutting-edge technology. 

The company is also streamlining its product lineup around Luminar Halo, focusing on greater efficiency, faster execution and expansion in the autonomous vehicle sector.

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How To Buy LAZR Stock

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in Luminar Technologies’ case, it is in the Consumer Discretionary sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

According to data from Benzinga Pro, LAZR has a 52-week high of and a 52-week low of