On July 30, Ouster Inc. rose 8.08% in regular trading, trading at approximately $34.47/share, with turnover of $25.55 million. The rebound followed three consecutive sessions of sharp declines as selling pressure from the company's early-July secondary offering was gradually absorbed.

Ouster had completed a $200 million public offering of 3.62 million shares at $55.22 per share in early July. Since then, the stock experienced sustained selling pressure, declining 8.06%, 8.11%, and 8.09% on July 24, 28, and 29 respectively, with the share price falling to a discount of over 44% relative to the offering price. After this steep correction, the oversold condition triggered a technical rebound.

The recovery was further supported by broad-based strength in the Electronic Equipment and Instruments sector, with Advanced Energy Industries up 8.91% and Keysight Technologies up 5.05%, providing positive momentum for sector constituents including Ouster.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)