Cognex is trading 4.1% up at $60.48 as the stock bounces after a sharp 30-day decline driven by valuation compression and profit-taking rather than company-specific weakness.
- The move comes as investors selectively re-enter names hit by the recent semiconductor and AI-capex driven sell-off.
- Broader U.S. indices are also modestly higher, suggesting a mix of a technical rebound and improving risk appetite across the market.