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Coherent Corp. (NYSE: COHR) Highlighted for Surprising Price Action

Coherent, Inc. (NASDAQ: COHR) has caught the attention of the investment community today with its bullish price action. The company’s shares have moved 13.33% on the day to $56.01.

Coherent, Inc. provides lasers, laser-based technologies, and laser-based system solutions for a range of commercial, industrial, and scientific research applications. It operates in two segments, Original Equipment Manufacturers (OEM) Laser Sources and Industrial Lasers & Systems. The company designs, manufactures, markets, and services lasers, laser tools, precision optics, and related accessories; and laser measurement and control products. Its products are used for applications in microelectronics.

So far today, approximately 3.32M shares of Coherent, Inc. have been exchanged, as compared to an average 30-day volume of 5.46M shares.

Coherent, Inc. share prices have moved between a 52-week high of $60.46 and a 52-week low of $26.29.

To learn more about Coherent, Inc., visit the company’s website at https://www.coherent.com.

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