COHH is trading at $5.28, up 4.61% from the September 15 close as beaten-down AI-photonics exposure rebounds after Coherent’s recent selloff.

  • Coherent-related AI infrastructure demand remains a sector tailwind, while U.S. futures are modestly higher ahead of the Federal Reserve decision.
  • Elevated Treasury yields and expectations for a rate hike continue to create volatility for leveraged technology holdings.
  • The move appears primarily sector-driven after COHH’s sharp September 14 decline; Fed, retail-sales, and yield developments could significantly change direction later on September 16.