Ouster, Inc. (NASDAQ:OUST) stock surged on Thursday, keeping a powerful multi-day breakout alive for the lidar manufacturer. The equity is riding a wave of intense buying momentum that recently drove it to a fresh 52-week high of $49.39.
The Nasdaq is down 0.47% while the S&P 500 has gained 0.35%.
• Ouster shares are climbing with conviction. Why is OUST stock surging?
Scaling Autonomous Industrial Robotics
The primary catalyst behind the sudden breakout stems from an announcement on Tuesday, detailing a strategic commercial collaboration between Ouster and FieldAI.
