nLIGHT falls from record on stock offering plans

Shares of semiconductor and fiber laser provider nLIGHT LASR.O down 9.5% post-market to $45.24 as it looks to raise equity

LASR shares rose 4% to record closing high of $49.98 on Tues

Camas, Washington-based LASR commences stock offering without disclosing deal size

Co intends to use net offering proceeds for working capital, capex, and other general purposes, per the prospectus

Stifel, Baird, William Blair and Raymond James joint lead bookrunners

Co has ~50.8 mln shares outstanding for $2.5 bln market cap

Through Tues, stock up 33% YTD after nearly 260% surge in 2025

7 of 8 analysts rate stock "strong buy" or "buy", 1 "hold"; median PT of $50 up from $40 a month ago and $29 on Nov 3, per LSEG data