LYTE is trading at $25.23, up 3.57%, as technology shares rebound after Thursday’s AI-led selloff.
- Nasdaq-100 futures rose 0.8% before the open.
- Reports that OpenAI still expects annualized revenue to reach or exceed $70 billion by year-end helped ease AI-sales concerns and support AI-linked stocks.
- Easing oil prices improved risk appetite, while elevated Treasury yields and semiconductor weakness remain headwinds.