OUST is trading at $29.59 (+5.12%) after unveiling the world's first color lidar sensor, a breakthrough technology that merges camera and depth-sensing into a single device.
- The stock reached a session high of $29.69 (+5.5%), extending its gains to approximately 16% above its closing price from one week ago.
- Analysts highlight the company's Department of Defense certification and expanding applications in industrial, smart infrastructure, and robotics markets as key catalysts for the rally.