Optical communications giant Coherent's earnings and guidance beat market expectations, but after-hours selling pressure sent shares down 5%. During regular trading hours before the report, Coherent's stock surged over 8%, rebounding sharply in recent weeks
Optical communications giant Coherent released its earnings report, with results and guidance comprehensively exceeding market expectations. The stock surged more than 8% in pre-market trading, but faced selling pressure after the report, dropping as much as 5% in after-hours trading
Optical communications giant Coherent's earnings and guidance beat market expectations, but after-hours selling pressure sent shares down 5%. During regular trading hours before the report, Coherent's stock surged over 8%, rebounding sharply in recent weeks.
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