Here’s Why nLight (LASR) Rallied in Q1

Meridian Funds, managed by ArrowMark Partners, released its first-quarter 2026 investor letter for "Meridian Contrarian Fund". The Fund aims to invest in undervalued companies with clear catalysts for sustainable improvement. A copy of the letter can be downloaded here. The US equities market started 2026 with volatility driven by trade policy uncertainty and heightened geopolitical risks. Early-period gains were attributed to confidence in domestic companies and to the Federal Reserve easing. However, sentiment deteriorated following increased tariffs and military strikes by the U.S. and Israel against Iran. During the quarter, Meridian Contrarian Fund returned 1.10% compared to the Russell 2500 Growth Index's 2.04% return and its secondary benchmark, the Russell 2500 Value Index's 4.77% return. In addition, please check the Fund's top five holdings to know its best picks in 2026.

In its first-quarter 2026 investor letter, Meridian Contrarian Fund highlighted NLIGHT, Inc. (NASDAQ:LASR) as a notable contributor. NLIGHT, Inc. (NASDAQ:LASR) is a technology company that focuses on the design and development of semiconductor and fiber lasers for aerospace and defense, industrial, and

Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/why-nlight-lasr-rallied-q1-140812270.html)