Why Lumentum, Coherent and other optical stocks rocketed to big gains Tuesday
Semis
Jensen Huang publicly endorsed optics over copper interconnects at an investor event, sending Coherent +17.6% and Marvell +32.5% in a single session. The violent single-day re-rating creates a classic 'buy the rumor, sell the news' setup as positioning gets crowded and insiders in both names have been selling.
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Angle
↓ SHORT-12% target+5% stop1-2 weeks
Fade COHR into the euphoria spike — insider selling + no price target anchor = air pocket risk after a 17% one-day rip on a single CEO comment.