HomeMarket NewsSmall CapsThe Surge of nLIGHT Inc (LASR) Stock as Benchmark Upgrades to Speculative...

The Surge of nLIGHT Inc (LASR) Stock as Benchmark Upgrades to Speculative Buy

Actionable Trade Ideas

always free


nLIGHT Inc LASR shares are surging up by 2.8% to $13.32 on Tuesday afternoon after Benchmark upgrades the stock from Hold to Speculative Buy. The company recently announced a $34.5 million contract for DE M-SHORAD laser weapon system.

Lilium’s recent rare achievement validates their adeptness in designing safe aircraft that has positioned them as industry leaders for eVTOL aircraft certification in Europe. This remarkable feat, achieved after an intensive process since 2017, is pivotal for commercial aircraft manufacturers like nLight.

The approval serves as a “License to Operate,” confirming Lilium’s unwavering commitment to high safety standards. EASA commended Lilium for prioritizing safety, environmental concerns, and societal acceptance of Urban Air Mobility, fostering innovation in the aviation sector.

See Also: Consumer Confidence Rises More Than Predicted In November

According to data from Benzinga Pro, nLight has a 52-week high of $15.91 and a 52-week low of $8.13.

Swing Trading Ideas and Market Commentary

Need some new swing ideas? Get free weekly swing ideas and market commentary from Jonathan Bernstein here: Swing Trading.

Explore More

Weekly In-Depth Market Analysis and Actionable Trade Ideas

Get institutional-level analysis and trade ideas to take your trading to the next level, sign up for free and become apart of the community.