Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Coherent Corp. (NYSE: COHR) resulting from allegations that Coherent may have issued materially misleading business information to the investing public.
If you purchased Coherent securities and would like to join the prospective action, please click “Join This Class Action.”
On August 13, 2025, after market hours, the Company issued a press release entitled “Coherent Announces Agreement to Sell Aerospace and Defense Business to Advent for $400 Million.” The press release further stated that the “transaction is expected to close in the third quarter of calendar year 2025, subject to customary closing conditions.”
On this news, Coherent’s stock fell $22.36, or 19.6%, to close at $91.65 per share on August 14, 2025.
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