The $3 billion valued "CEO jumping" event: the optical module leader Coherent soars while the FPGA leader Lattice plunges.
The CEO's job hopping caused a huge shock in the stock prices of both the former and new employers. On Monday local time, the stock prices of two electronic manufacturers fluctuated greatly: the stock price of Lattice, the leading FPGA manufacturer, plummeted by more than 15%, the largest decline in eight months, while the stock price of Coherent, the leading optical module manufacturer, surged by more than 22%, the largest single-day increase in four years. On the news front, Lattice's CEO, Jim Anderson, announced his departure and took over as CEO of Coherent. Lattice will appoint him as its Chief Marketing and Strategic Officer.
Why Science Applications International Shares Are Trading Lower By 11%? Here Are Other Stocks Moving In Monday's Mid-Day Session
Shares of Science Applications International Corporation (NASDAQ:SAIC) declined 11% to $119.91 following first-quarter results.SAIC reported a 9% revenue decline year over year in the fiscal first qua
Why Coherent Shares Are Seeing Blue Skies Today
Coherent Corp. (NYSE:COHR) shares are trading higher after the Board of Directors has appointed Jim Anderson as the new Chief Executive Officer, effective today.Anderson is succeeding Vincent D. Matte
VIX Spikes 8% As Stocks Sink; Bonds, Gold Rise On Growth Concerns; Meme Stocks Roar, Peso Plummets: What's Driving Markets Monday?
All major U.S. equity indices opened the week with losses, as traders shifted to safe-haven bonds and gold amid concerns affecting the health of the U.S. manufacturing activity. In May, the ISM Manufa
12 Information Technology Stocks Moving In Monday's Intraday Session
GainersAscent Solar Technologies (NASDAQ:ASTI) stock moved upwards by 33.9% to $0.16 during Monday's regular session. The company's market cap stands at $10.4 million. Coherent (NYSE:COHR) stock rose
Coherent Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 06/03/2024 7.71% Needham $72 → $72 Reiterates Buy → Buy 05/15/2024 1.73% Stifel $68 → $68 Maintains Buy 05
Stericycle, MarineMax, Agios Pharmaceuticals And Other Big Stocks Moving Higher On Monday
U.S. stocks were mixed, with the Dow Jones index falling around 100 points on Monday.Shares of Stericycle, Inc. (NASDAQ:SRCL) rose sharply during Monday's session after the company inked a deal to be
Coherent Names Jim Anderson As CEO, Effective Today; Anderson Also Joins Company's Board
Anderson joins Coherent from Lattice Semiconductors ("Lattice"), where he was President, Chief Executive Officer, and a member of its Board of Directors.He succeeds Dr. Vincent D. ("Chuck") Mattera, J
12 Information Technology Stocks Moving In Friday's After-Market Session
GainersFocus Universal (NASDAQ:FCUV) shares rose 11.8% to $0.26 during Friday's after-market session. The company's market cap stands at $16.8 million. CISO Global (NASDAQ:CISO) shares increased by 10
(MKSI) - Analyzing MKS Instruments's Short Interest
MKS Instruments's (NYSE:MKSI) short percent of float has risen 15.68% since its last report. The company recently reported that it has 2.64 million shares sold short, which is 5.09% of all regular sha
Why SentinelOne Shares Are Trading Lower By 16%? Here Are Other Stocks Moving In Friday's Mid-Day Session
Shares of SentinelOne, Inc. (NYSE:S) shares fell sharply during Friday's session after the company posted mixed first-quarter results.SentinelOne reported quarterly losses of 23 cents per share, which
12 Information Technology Stocks Moving In Friday's Intraday Session
GainersBrand Engagement Network (NASDAQ:BNAI) shares moved upwards by 43.0% to $3.69 during Friday's regular session. The company's market cap stands at $122.9 million. FOXO Technologies (AMEX:FOXO) s
Why American Eagle Outfitters Shares Are Trading Lower? Here Are Other Stocks Moving In Thursday's Mid-Day Session
Shares of American Eagle Outfitters, Inc. (NYSE:AEO) fell during Thursday's session following first-quarter results.American Eagle Outfitters reported adjusted earnings of 17 cents per share and quart
12 Industrials Stocks Moving In Thursday's Intraday Session
GainersJE Cleantech Hldgs (NASDAQ:JCSE) stock increased by 60.6% to $1.14 during Thursday's regular session. The market value of their outstanding shares is at $5.7 million. Momentus (NASDAQ:MNTS) sha
12 Information Technology Stocks Moving In Thursday's Intraday Session
GainersCemtrex (NASDAQ:CETX) shares rose 27.3% to $0.5 during Thursday's regular session. The market value of their outstanding shares is at $5.3 million. Sobr Safe (NASDAQ:SOBR) stock increased by 20
Cathie Wood-LedArk Invest Cuts Robinhood Holdings Amid Bitcoin Dip, Keeps Selling Moderna Stock — Buys Palantir And AMD Shares
On Wednesday, Ark Invest, led by the influential investor Cathie Wood, executed notable trades involving Robinhood Markets Inc (NASDAQ:HOOD), Moderna Inc (NASDAQ:MRNA), Palantir Technologies Inc (NYSE
Stocks With Momentum and at Least 5% EPS Revisions Since End of March - Wolfe Research
With weaker economic data and inflation potentially “stickier”, Chris Senyek, chief investment strategist at Wolfe Research, said that investors should stick to what has worked over the summer.
Dow Dips Over 300 Points; Dick's Sporting Goods Posts Upbeat Earnings
U.S. stocks traded lower this morning, with the Dow Jones index falling more than 300 points on Wednesday.Following the market opening Wednesday, the Dow traded down 0.90% to 38,505.03 while the NASDA
Know Labs Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 05/29/2024 68.35% Benchmark $1 → $1 Reiterates Speculative Buy → Speculative Buy 04/08/2024 68.35% Benchma
American Airlines, Bank OZK, Biohaven Among Premarket Losers' Pack