LightPath Technologies stock rose over 9% in pre-market trading. The rally occurred on August 14, 2026.
The price movement followed a Schedule 13G filing with the SEC. Hood River Capital Management LLC disclosed a new passive stake in the company.
The investment firm now beneficially owns 3,562,140 shares. This position represents a 5.37% ownership stake.
Institutional ownership disclosures typically signal professional confidence in a company's valuation. This sentiment drove the pre-market demand for the shares.