NasdaqGS:LASRElectronic
A Look At nLIGHT (LASR) Valuation After Defense Momentum And Follow On Equity Offering
nLIGHT (LASR) is back in focus after a busy run of events, from a pre-announced Q4 revenue beat in aerospace and defense to a completed US$175.0 million follow on equity offering and fresh analyst upgrades.
See our latest analysis for nLIGHT.
Despite the follow on offering pricing at US$44.00 per share and the latest close at US$43.86, nLIGHT’s 30 day share price return of 15.15% and 90 day gain of 47.23% suggest momentum has been building. At the same time, the 1 year total shareholder...