As per recent news, nLIGHT announced on July 9 that it has been selected for a Joint Laser Weapon System OTA agreement supporting the U.S. Department of War’s next-generation cruise missile defense architecture.Craig-Hallum analyst Greg Palm maintained nLight with a Buy and raised the price target from $80 to $100, while Needham analyst James Ricchiuti increased the price target from $80 to $90.When asked about Duolingo, Inc. (NASDAQ:DUOL), he said, “There’s too many ways to be able to translate things now. I don’t need to learn any language.”On the earnings front, Duolingo said it will announce results for the second quarter ending June 30, after the closing bell on Wednesday, Aug. 5.Price Action:
Duolingo shares gained 6.1% to settle at $132.34 on Monday.
nLIGHT shares dipped 4.5% to close at $68.79 during the session.
