OUST is trading at $26.15 (-11.04%) as it extends losses following its Q1 2026 earnings report amid high trading volume.
- While revenue beat estimates at $48.6M (up 49% YoY), a wider GAAP net loss of $17.5M has triggered significant profit-taking.
- Selling pressure is compounded by institutional exits, including Driehaus Capital Management divesting $33M in shares during Q4 2025.
- Intraday volume has reached ~$65.8M as the stock continues to slide despite a lack of fresh catalysts and a slightly positive Nasdaq.