Applied Optoelectronics, SanDisk, Seagate And Other Big Stocks Moving Lower In Monday’s Pre-Market Session

COHR Falls 17% in a Month: Is the Sell-Off an Opportunity?

Coherent Corp. shares declined 17% over the past month despite fiscal 2026 revenues rising 22.5% to $7.12 billion, driven by strong AI datacenter and communications demand. While the company shows robust demand visibility through 2028 and improving margins, investors are concerned about elevated execution risks from massive capital expenditures ($1.1B in fiscal 2026), declining operating cash flow, and overlapping product ramps. The stock trades at 26.5X forward earnings, above industry average, creating valuation concerns despite strong momentum.

8-K filing — APPLIED OPTOELECTRONICS, INC. (AAOI)

Filed: 2026-09-01 AccNo: 0001683168-26-006862 Size: 990 KB Item 1.01: Entry into a Material Definitive Agreement Item 2.03: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant Item 9.01: Financial Statements and Exhibits

Will Datacenter Momentum Keep Powering Coherent's Growth?

Coherent Corp. (COHR) reported fiscal Q4 2026 revenues of $2.05B, up 34% year-over-year, with Datacenter & Communications segment surging 59% and representing 79% of total revenue. The company guided Q1 2027 revenues of $2.2-$2.4B with adjusted operating margins improving to 21.8%. However, Industrial revenues declined 16% YoY, creating concentration risk in datacenter spending.

Nasdaq Tumbles 200 Points as Chip Stocks Slide: Fear & Greed Index Remains In ‘Neutral’ Zone

Fear & Greed Index shows no change in market sentiment on Monday, with most stocks recording losses last week. It measures current market sentiment based on 7 indicators, with 0 representing maximum fear and 100 signaling extreme greed.

Shares of steel and aluminum-related companies are trading lower amid expectations for progress on a U.S.-Canada trade agreement before the weekend. A trade framework may lessen investor interest in finished metals producers that would have benefitted from domestic U.S. production under continued tariffs.

Algoma Steel shares are trading higher after President Trump said in a social media post that the U.S. and Canada reached an agreement to delay 50% import tariffs on Canadian goods for three days.