What is driving Coherent Corp (COHR)’s stock price up today?
Coherent Corp. experienced strong upward momentum, driven by continued investor absorption and positive repricing following its latest quarterly financial results. The company reported fiscal fourth-quarter revenue and adjusted earnings that comfortably topped Wall Street consensus estimates, propelled by surging demand across its datacenter and communications business. Hyperscale cloud operators and artificial intelligence infrastructure developers continue to aggressively expand network bandwidth, accelerating the transition from legacy copper interconnects to high-speed optical transceivers. Management further bolstered market confidence by issuing robust revenue and…





