Ouster is trading 5.25% down at $35.71 after a sharp pullback from the July 23 close, tracking a weaker technology tape and AI-capex concerns.
- No company-specific news appears to be driving the move; the stock is instead following the XLK lower as growth names face pressure.
- Broader market sentiment is risk-off, influenced by tariffs, higher-for-longer interest rate worries, and significant tech-sector selling.