Coherent is trading at $313.88, up 4.45%, as optical stocks rally on AI data-center demand.
- Lumentum’s CEO said AI data-center demand had booked its optical-component capacity through early 2029, prompting gains across optical communications names.
- Coherent is recovering from its October 8 close at $302.35, down 9.63%. The broader market was higher, but the optical-sector demand read-through was the more specific explanation; no direct Coherent catalyst was identified.