🔴 Coherent is trading 5% down in after-hours trading as Intel's weaker-than-expected Q4 outlook pressures chip stocks

Coherent is trading at $225.12, -5.08%, after a sharp after-hours semiconductor selloff; no new company-specific catalyst surfaced.

• Intel’s weaker-than-expected fourth-quarter outlook, citing continued PC-market softness, added pressure to chip stocks after the close.
• SOXX was down 3.86% after hours, supporting an industry-driven explanation rather than a Coherent-specific event.
• The drop follows a volatile week for Coherent, but earlier gains or company news do not explain this evening’s move.