Why Is NLIGHT INC (LASR) Stock Down Today?

Why LASR stock is down today

nLIGHT Inc stock fell 9.17% to $51.01 on Friday, adding to a post-earnings selloff as concerns over delayed Q3 revenue due to China’s dual-use supply chain scrutiny weighed on investor sentiment. The stock opened with a 1.9% gap up but quickly reversed course, hitting a session low of $51.00 before the close. The stock has declined 15.7% over the past eight sessions, reflecting ongoing pressure on the shares.

What Happened

The decline in nLIGHT stock followed a broader selloff after its second-quarter earnings report. The company has faced challenges in its supply chain due to increased scrutiny from China, which has delayed expected revenue in the third quarter. This has led to a loss of confidence among investors, who are now pricing in the near-term uncertainty. The stock opened at $57.22, but the selloff accelerated throughout the session, with the price falling to $51.00 by the close. Executives and top officers, including the CEO, CFO, and Chief Accounting Officer, have sold shares totaling $31.5 million in the past 90 days, according to SEC filings.

What The Data Shows

The intraday volume reached 2.0 million shares, more than 1.6 times the 3-month daily average, indicating heightened trading activity. The stock currently trades at a market cap of $3.2 billion, with a trailing 12-month revenue increase of 43.2% but a net loss of 4.0% and an unprofitable EPS of -0.24. The stock has traded between $19.83 and $86.95 over the past 52 weeks, with a beta of 2.36, reflecting high volatility relative to the broader market.

What To Watch

Investors should continue to monitor the company’s guidance for the remainder of the year, particularly how the China-related supply chain issues affect future revenue. The stock is also under pressure from heavy insider selling, which may persist as a key factor in near-term price action.