Why Coherent's Shares Rose 24% in June [The Motley Fool]
Coherent Corp. (COHR)
Last coherent corp. earnings: 2/5 04:05 pm
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US:NASDAQ Investor Relations:
coherent.com/company/investors/investor-relations
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Source: The Motley Fool
Why Coherent's Shares Rose 24% in June The industrial laser manufacturer looks forward to a surge in Chinese orders -- when the political climate is right. Shares of Coherent ( NASDAQ:COHR ) gained 23.9% in June 2019, according to data from S&P Global Market Intelligence . The maker of industrial lasers and related systems didn't have much news of its own to share last month, but the company looks poised to benefit from geopolitical shifts that appear likely to put a fire under its target markets in short order. Coherent's stock took a 26% haircut in May , but the tide started turning in early June thanks to hints that the U.S.-China trade war might be heading toward a resolution. That would be good news for Coherent, which thrives when manufacturers globally invest more in their tools and infrastructure -- a situation that would likely be one consequence of normalized trade relations. Looking ahead , Coherent CEO John Ambroso says he expects Chinese manufacturers to hit a growth sp
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News
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- Coherent Announces Support of DEI-Related Educational Initiatives Through HBCU/MIS and the Optica Foundation [Yahoo! Finance]Yahoo! Finance
- Coherent Announces Support of DEI-Related Educational Initiatives Through HBCU/MIS and the Optica FoundationGlobeNewswire
- Earth Day 2024: Coherent Corp. Announces Milestones in its Sustainability JourneyGlobeNewswire
COHR
Earnings
- 2/5/24 - Beat
COHR
Sec Filings
- 4/15/24 - Form 4
- 4/15/24 - Form 144
- 4/3/24 - Form 8-K
- COHR's page on the SEC website