Coherent plunges on weak forecast; Lumentum falls in sympathy (COHR)

Coherent (NYSE:COHR) shares plunged more than 20% in pre-market trading after the semiconductor equipment and optical networking company issued a weak forecast. Looking ahead to its fiscal first-quarter, Santa Clara, California-based Coherent (COHR) said it expects sales to be between $1B and…#cohr #santaclara #datacom #jpmorgan #samikchatterjee
Source: Reuters: Health - Category: Consumer Health News Source Type: news
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