LightPath Technologies Inc is trading 5.3% up at $15.04, extending a rebound as the stock recovers from a sharp, liquidation-driven decline earlier in the week.
- Recent selling pressure was attributed to a major holder, North Run, liquidating shares, which created a temporary technical overhang rather than a fundamental business issue.
- As the liquidation pressure subsides, buyers are returning to the stock amid a generally constructive broader market backdrop.