Ouster, Inc. (OUST) reachead $10.20 at the closing of the latest trading day, reflecting a -0.2% change compared to its last close.
Shares of Southwest Airlines rose 9% on Monday and headed toward their largest single-day gain in nearly four years, after activist firm Elliott Investment Management announced a nearly $2 billion stake in the company and called to oust the airline's chief executive and board chair.
Here is how Ouster, Inc. (OUST) and Alkami Technology (ALKT) have performed compared to their sector so far this year.
Ouster reported strong Q1 earnings, with revenue increasing 51% to $26 million, leading to a 20% jump in stock price. The robotics segment was the largest contributor to revenue growth, and the Company's software and verticalization strategy is a unique differentiator. The lidar market is expected to grow rapidly, and OUST has the potential to reach $1 billion revenue in 5 years.