Coherent Shares Climb Nearly 14% After Thursday's Broad Selloff
Photo: TokenPost
Coherent Corp. shares climbed nearly 14% to $193.35 by 1:55 p.m. ET Friday, adding $23.59 after Thursday's broad retreat in artificial-intelligence and semiconductor stocks. The Thursday evening advance in Nasdaq-100 futures followed a steep regular-session selloff. SanDisk and Micron each gained 4% in after-hours trading. Coherent is a vertically integrated photonics manufacturer that makes optical transceivers and other photonics products. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
