Shares of Lumentum, Coherent, and Corning increased in market trading.
Lumentum stock rose 3%.
economy14 h ago
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Coherent, Inc., headquartered in Santa Clara, California is an American company that develops, manufactures and supports laser equipment and related specialty components. Coherent was founded in May 1966 by physicist James Hobart and five cofounders. It went public in 1970. Over time, Coherent acquired other laser businesses and expanded to lasers for different industries and applications.
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Lumentum stock rose 3%.