No new catalyst: LASR was down about 6.5%, deeper than the roughly 5.4% decline earlier, as U.S. equities and technology sold off and volatility jumped. Fed official Alberto Musalem called for interest rates to rise again soon amid persistent inflation risks, pressuring equity valuations. The Northcoast upgrade remained the standing company-specific item, while defense peers were mixed. Musalem rate commentsNorthcoast upgrade
No new catalyst: LASR was down about 6.5%, deeper than the roughly 5.4% decline earlier, as U.S. equities and technology sold off and volatility jumped. Fed official Alberto Musalem called for interest rates to rise again soon amid persistent inflation risks, pressuring equity valuations. The Northcoast upgrade remained the standing company-specific item, while defense peers were mixed. Musalem rate commentsNorthcoast upgrade