Ouster is trading 5.8% up at $36.71, rebounding after recent volatility and tracking a wider move higher in the technology sector.
- The stock is participating in a broad tech rally, with the Nasdaq and sector ETFs advancing and semiconductors recovering.
- The price action appears driven by market sentiment rather than any new, company-specific news or catalysts for the lidar manufacturer.
- The move marks a recovery for the stock as it follows the upward momentum seen across high-growth tech names.