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RENT News5 articles
Instacart Parent Soars on Strong Guidance, Eyes Key Catalysts Ahead
Maplebear Inc, parent of Instacart, closed up 9.2% at $36.30 following an upbeat quarterly forecast. The company reported a 14% rise in Q4 gross transaction value to $9.85 billion.
Coherent Shares Dip After Bain Capital Sells $2.2B Stake
Coherent shares declined roughly 3% in extended trading Thursday following a regulatory filing showing a Bain Capital affiliate sold its entire stake in a $2.22 billion block transaction.
Coherent Shares Slide as Bain Capital Affiliate Files to Offload $2.2 Billion Stake
Coherent Corp stock fell over 4% after a Bain Capital affiliate filed to sell 9.4 million shares worth approximately $2.22 billion, marking another significant secondary offering following disposals in late 2025.
Coherent Shares Surge 7% on Bank of America Price Target Boost Amid AI Data Center Focus
Coherent Corp stock rallied over 7% after Bank of America raised its price target to $250, citing strong hyperscale capital expenditure trends. The optical components maker also provided its Q3 revenue and earnings guidance.
Coherent Shares Surge on Texas Semiconductor Grant and Upgraded Analyst Targets
Coherent stock rallied nearly 9% Friday following a $14.1 million state grant for its indium phosphide wafer project and price target increases from JPMorgan and Stifel.