🟢 Coherent is trading 4.7% up today as AI photonics and semiconductor stocks rebound

Coherent is trading at $290.59 (up 4.7%) as shares rebound following last week’s sharp selloff in the semiconductor and AI photonics sectors.

• The recovery comes despite a lack of fresh company-specific news, suggesting the move is driven by broader market dynamics.
• Investor sentiment is improving for chip and AI infrastructure names after a period of profit-taking and sector-wide volatility.