NASDAQ:LITE 27 February 2026 - 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
Lumentum stock drops 6% to $677; after-hours steadies as traders hunt the next catalyst
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Lumentum stock drops 6% to $677; after-hours steadies as traders hunt the next catalyst

Lumentum shares fell 6.4% to $677 at Thursday’s close, then slipped to $676 after hours. The drop followed an 8.75% surge Wednesday. The stock’s price now exceeds most analyst targets, with the average one-year estimate at $565.29. Management met investors Thursday and is scheduled to present at a Morgan Stanley conference March 2.
February 27, 2026

Stock Market Today

  • UK Gilt Yields Fall Amid Political Stability and Eased Rate Hike Concerns
    May 26, 2026, 9:28 AM EDT. U.K. gilt yields declined to five-week lows as investor worries about political instability eased following Labour's local election setbacks. The 10-year gilt yield dropped to 4.85%, down about 30 basis points, reflecting reduced expectations for interest rate hikes. Prime Minister Keir Starmer, though challenged by potential rivals including Andy Burnham, remains in charge, calming markets concerned about fiscal policy shifts. Additionally, optimism surrounding a possible U.S.-Iran peace deal and the reopening of the Strait of Hormuz has eased inflation fears, further reducing yield pressures. Analysts at Pantheon Macroeconomics noted that investors are discounting weak economic data and now anticipate fewer rate increases in 2026, driving the largest weekly drop in gilt yields since late 2023.