🔴 COHR is trading 4.2% down today as it extends a pullback from its recent AI-driven rally

COHR is trading at $321.78 (4.2% down) in pre-market, extending a sharp pullback after its recent AI-driven rally and mixed analyst commentary.

• The stock is facing profit-taking and sector-wide weakness following high expectations surrounding data center and photonics growth.
• No fresh, company-specific news has surfaced this morning, indicating the move is likely a continuation of recent volatility and technical correction.