Ouster is trading at $34.70 (+10.11%) as a strong rebound in technology stocks lifts growth names across the market.
- The sector-wide move is driven by Microsoft’s strong earnings report and upbeat Azure growth, which helped lift the Nasdaq by 2.64% and the XLK by 3.58%.
- No company-specific catalysts were identified for the move, indicating the price action is tied to broader tech sentiment rather than fresh news from the company.