COHH is trading at $12.21, up +8.77% in pre-market as optical-communications shares remain supported by strong AI-datacenter demand and sector-wide momentum.
- The move extends Coherent’s sharp August 7 rally; earnings are scheduled for August 12, and recent coverage identified a broad optical and photonics rally rather than an isolated move.
- Weaker July payrolls reduced near-term rate-hike expectations, Nasdaq futures were higher overnight, and Monday’s U.S. calendar has no major data releases.