Coherent is trading at $217.06, up 4.73% versus the November 3 regular-session close, as coverage linked the regular-session rally to Fabrinet’s strong results and an optical-stocks rebound ahead of earnings.
- Fabrinet reported revenue up 51% and data-center revenue up 78%.
- Coherent is scheduled to release fiscal Q1 2027 results after the market closes November 4, followed by a 4:30 p.m. ET webcast.
- No after-hours company-specific announcement explaining the additional move was identified; after-hours volume information was unavailable.