NYSE:COHRElectronic
Reassessing Coherent (COHR) Valuation After Bain Capital’s Third Secondary Share Sale
Bain Capital’s latest move to offload another sizeable block of Coherent (COHR) shares through a Goldman Sachs led secondary offering has investors double checking their thesis on the stock and the message behind this selling.
See our latest analysis for Coherent.
Despite Bain’s ongoing selldown, traders have largely leaned into Coherent’s AI and datacenter story. The stock is now at a share price of $198.5 after a powerful 90 day share price return of 92.74 percent and a standout 3 year...