nLIGHT (LASR) Stock Trades Up, Here Is Why

Shares of laser company nLIGHT (NASDAQ:LASR) jumped 5.8% in the afternoon session after investors focused on a $627 million defense contract, allowing the stock to rally against a broader selloff in the technology sector. The stock experienced significant volatility following a sharp rally driven by its Joint Laser Weapon System deal with the Department of Defense. While some traders were locking in gains, the magnitude of the contract appeared to maintain investor interest. nLIGHT's move was no