🔴 Ouster is trading 5.9% down today after discounted share offering fuels dilution worries

Ouster is trading about 5.9% down near $36.00 as a discounted share offering fuels dilution concerns and profit-taking.

• The company announced an underwritten public offering of approximately 3.6 million shares priced at a discount to the prior close.
• The decline extends a multi-day pullback following a sharp rally, with additional pressure coming from broader technology sector weakness where the stock is currently underperforming benchmarks.