Coherent Jumps 13% as Optical Stocks Extend AI Rebound; Lumentum Surges 11%, Applied Optoelectronics Rises 4%
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The post Coherent Jumps 13% as Optical Stocks Extend AI Rebound; Lumentum Surges 11%, Applied Optoelectronics Rises 4% appeared first on 24/7 Wall St..
Optical stocks are adding a second leg to their AI rebound, and one photonics leader is out in front. Coherent (NYSE:COHR) stock trades at $217.80, up 13% in early action. The photonics and laser maker is rising with a broad group of AI infrastructure names that are recovering from last week’s selloff.
Major indexes are higher as investors
Optical stocks are adding a second leg to their AI rebound, and one photonics leader is out in front. Coherent (NYSE:COHR) stock trades at $217.80, up 13% in early action. The photonics and laser maker is rising with a broad group of AI infrastructure names that are recovering from last week’s selloff.
Major indexes are higher as investors
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