🟢 nLIGHT is trading 5.3% up today after major defense contract win

nLIGHT is trading 5.3% up at $71.91 in pre-market, extending a sharp rally after the company secured a significant long-term U.S. defense contract.

• The federal deal is worth an initial $44 million and has the potential to reach up to $627 million over time, providing long-term revenue visibility.
• The contract win has triggered a wave of analyst upgrades and bolstered bullish sentiment for the stock.
• The current price action reflects a continuation of this momentum, supported by a broader recovery in the semiconductor complex.