Billionaire Stanley Druckenmiller Is Buying Coherent Corp (NYSE:COHR) And Dumping Other AI Stocks [Yahoo! Finance]
Coherent Corp. (COHR)
Last coherent corp. earnings: 2/5 04:05 pm
Check Earnings Report
US:NASDAQ Investor Relations:
coherent.com/company/investors/investor-relations
Company Research
Source: Yahoo! Finance
Stanley Druckenmiller is one of the few billionaires who have been bullish on the AI megatrends right from the start. But that doesn't mean he'd buy just anything AI the market is buying. After making huge profits from his bullish bet on Jensen Huang's AI chips empire, he started cashing out of the company in the first quarter and by the end of the June quarter, his stake in the company was left at just over 200,000 shares. Back in May, Druckenmiller explained why he's selling the hottest AI stock, saying he's had a “hell of a run” and he now “just needs a break.” However, the billionaire said at the time that AI remains underhyped in the long term. Stanley Druckenmiller compared the internet revolution with the current AI boom, saying AI could “rhythm” with the internet and the real payoffs will come 4-5 years from now on. The Duquesne Capital founder, who closed his fund for outside investors and turned it into a family officer in 2011, said that the “incremental payoff” of AI
Show less
Read more
Impact Snapshot
Event Time:
COHR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
COHR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
COHR alerts
High impacting Coherent Corp. news events
Weekly update
A roundup of the hottest topics
COHR
News
- Coherent Announces Alpha Availability of Novel Analog Optical Multi-Link ModulesGlobeNewswire
- Coherent Unveils Uncooled Dual-Chip 2x400 mW 980 nm Micro-Pump Laser for Ultra-Compact Optical AmplifiersGlobeNewswire
- Coherent Announces Industry’s First L-Band 800G ZR/ZR+ Pluggable TransceiversGlobeNewswire
- Coherent (NYSE:COHR) delivers shareholders stellar 135% return over 1 year, surging 6.3% in the last week alone [Yahoo! Finance]Yahoo! Finance
- Coherent Awarded Phase 3 of IARPA Resilience Program for High-Energy Rechargeable Lithium-Sulfur BatteriesGlobeNewswire
COHR
Earnings
- 8/15/24 - Beat
COHR
Sec Filings
- 9/16/24 - Form 4
- 9/16/24 - Form 4
- 9/13/24 - Form 144
- COHR's page on the SEC website