NASDAQ:COHR 3 March 2026

Coherent (COHR) stock slips after Nvidia’s $2 billion buy-in — what traders are watching now
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Coherent (COHR) stock slips after Nvidia’s $2 billion buy-in — what traders are watching now

Coherent Corp. shares dropped 3.5% to $288.44 midday Tuesday, reversing part of Monday’s 15.4% surge after Nvidia’s $2 billion investment and optics deal. Coherent sold nearly 7.8 million shares to Nvidia at $256.80 each in a private placement. The agreement includes a multibillion-dollar purchase commitment for advanced photonics products. Coherent will present at a Morgan Stanley conference later Tuesday.
March 3, 2026
Coherent (COHR) stock price slips in premarket after Nvidia’s $2 billion stake — what to know before the open
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Coherent (COHR) stock price slips in premarket after Nvidia’s $2 billion stake — what to know before the open

Coherent Corp shares fell about 6% in premarket trading Tuesday after soaring 15.4% Monday on news of a $2 billion private placement with Nvidia at $256.80 per share. The deal gives Nvidia access to five Coherent product families tied to co-packaged optics. Monday’s close was $298.91. Coherent is set to present at the Morgan Stanley TMT Conference later Tuesday.
March 3, 2026