COHR is trading 6.7% down at $356.86 as supply chain risks and recent earnings results weigh on investor sentiment.
- China’s restrictive export controls on indium and other critical materials are fueling concerns over potential production delays and margin pressure.
- The stock is extending its downward trend following a Q3 2026 earnings miss and a broader shift toward risk-off sentiment in the tech sector.
- Today's pullback follows a period of significant gains, as the market re-evaluates the company's exposure to geopolitical trade tensions.