On June 11, COHERENT rose 3.42% in regular trading, trading at approximately $368.61/share, with trading volume of $344 million.

On the news front, the stock is experiencing a technical rebound following a sharp selloff triggered by a SemiAnalysis research report published on June 9 that cast doubt on CPO commercialization timelines. The report argued that large-scale CPO deployment would be delayed to 2028-2029, well beyond the market's prior expectation of 2027, citing low optical engine yields, high co-packaged integration difficulty, and unfavorable system-level cost economics. COHERENT plunged over 11% on June 9 in the immediate aftermath.

Supporting the recovery, NVIDIA executives publicly refuted the bearish thesis, affirming that CPO capacity expansion and deliveries will proceed as planned in the second half of the year, providing a direct counterweight to market panic. Sector peer Corning gained 3.65% on the same day, indicating broad-based stabilization across the optical communications space. Fundamentally, NVIDIA's $2 billion strategic investment agreement remains in execution, and COHERENT's 1.6T optical transceiver demand continues to surge, with its long-term growth thesis intact.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)