Ouster is trading at $41.70 (4.2% up) in pre-market today following the launch of the Defiance Daily Target 2X Long OUST ETF (OUSL), designed for magnified bullish exposure to the lidar company. This comes as Ouster's shares attempt to stabilize after sharp profit-taking declines between July 10 and July 13. The stock has seen recent rallies driven by the May 2026 launch of its Rev8 native color lidar and ongoing positive sentiment around physical AI and lidar demand.