US Stock Alert | COHERENT (COHR.US) Plunges Over 20%, Had Gained Nearly 80% Since April

Stock News

Aug 14

On Thursday, COHERENT (COHR.US) plummeted over 20%, having once accumulated gains of nearly 80% since April, now trading at $89.79. On the news front, the company announced the sale of its aerospace and defense business for $400 million, with proceeds to be used for debt repayment, sparking concerns about business restructuring. Additionally, the company's first quarter fiscal 2026 revenue guidance of $1.46 billion to $1.6 billion, with a midpoint of $1.53 billion, fell short of market expectations of $1.55 billion.

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On the news front, the company announced the sale of its aerospace and defense business for $400 million, with proceeds to be used for debt repayment, sparking concerns about business restructuring. Additionally, the company's first quarter fiscal 2026 revenue guidance of $1.46 billion to $1.6 billion, with a midpoint of $1.53 billion, fell short of market expectations of $1.55 billion.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00B7SZL793.SGD","symbol_name":"Legg Mason Royce - US Small Cap Opportunity A Acc SGD-H","start_time":0,"source_url":"","article_id":"1129629477","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1129629477","pubTimestamp":1755182180,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"On Thursday, COHERENT (COHR.US) plummeted over 20%, having once accumulated gains of nearly 80% since April, now trading at $89.79. 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