Ouster is trading at $43.53 (-6.03%) after mixed third-quarter revenue guidance overshadowed strong Q2 growth.
- Q2 revenue reached $54.63 million, alongside a reduced net loss.
- The August 11 Utah deployment expansion covered 160 intersections; investors appear focused on the near-term outlook and prior earnings-related concerns.
- With the broader market rising, selling appears primarily company-specific rather than index-driven.