Coherent Corp. underwent corporate changes, including selling its defense unit to Advent and receiving a downgrade from Bank of America Securities, while monitoring Trump's tariffs.
2 reports, 2 independent
Updated Aug 15
Gone quiet
Reached 2 outlets in its first 24 hours
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- Repetition
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New informationRepeats or wire copies
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What happened
Coherent Corp. underwent corporate changes, including selling its defense unit to Advent and receiving a downgrade from Bank of America Securities, while monitoring Trump's tariffs.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Coherent sold its defense unit to Advent and was downgraded by BofA Securities.1 source
Slowing revenue growth in data center space noted for Coherent.1 source
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The entities involved
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)
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Coherent
operating system
Coverage
Newest first; wire copies grouped- BenzingaCoherent Eyes Core Growth Markets Following Defense Unit Sale On Wednesday, Coherent Corp. (NYSE:COHR) agreed to sell its Aerospace and Defense business to Advent, a private equity investor, for $400
- Motley FoolWhy Coherent Stock Tanked by Nearly 20% on Thursday The company's top- and bottom-line growth was robust in its fiscal fourth quarter of 2025. The two metrics also topped the consensus analyst estima