Coherent collapses 20% on datacom concerns but analysts remain bullish

1 hour ago 1
Industrial laser cut machine while cutting the sheet metal industrial

MJ_Prototype/iStock via Getty Images

Coherent (NYSE:COHR) shares plunged 20% during early market action on Thursday, following its latest financial results, as some investors might be concerned over the company's market share in its datacom offerings.

However, most financial firm analysts remain positive on the company

Recommended For You

More Trending News

Read Entire Article