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Stock impact report

Ouster, Inc. (OUST) Falls More Steeply Than Broader Market: What Investors Need to Know [Yahoo! Finance]

Ouster, Inc. (OUST) 
Company Research Source: Yahoo! Finance
The stock's performance was behind the S&P 500's daily loss of 0.19%. Elsewhere, the Dow saw an upswing of 0.09%, while the tech-heavy Nasdaq depreciated by 0.36%. Coming into today, shares of the company had lost 19.77% in the past month. In that same time, the Computer and Technology sector lost 0.09%, while the S&P 500 gained 2.06%. The upcoming earnings release of Ouster, Inc. will be of great interest to investors. Investors should also pay attention to any latest changes in analyst estimates for Ouster, Inc. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability. Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model. Show less Read more
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