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Coherent (COHR) Stock Hits 52-Week High After Nvidia CEO Comments – Is There More Room to Run?

By Trader Edge at 2026-06-07 12:08

Sentiment: Positive

TLDR Coherent stock jumped 17.6% on June 2 after Nvidia CEO Jensen Huang highlighted the growing importance of optical networking for AI data centers. The stock hit a new 52-week high of $440 on June 3 and is up 108% year-to-date in 2026. Q3 fiscal 2026 revenue came in at $1.81 billion, up 21% year-over-year, [...] The post Coherent (COHR) Stock Hits 52-Week High After Nvidia CEO Comments – Is There More Room to Run? appeared first on CoinCentral. Continue reading...

Categories: Stocks

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