nLIGHT is trading 4.1% up in pre-market at $74.41 as investors rotate back into the stock following its major U.S. defense laser weapon system contract.
- The stock is regaining momentum after a sharp pullback earlier this week, continuing the rally sparked by last week's contract announcement.
- Bullish AI-related guidance from ASML is driving a broader semiconductor sector rally, providing additional tailwinds for the stock.