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Coherent Extends Friday's Rise With 15.13% Intraday Gain

Shares reached $221.99 during Nov. 9 trading. The reading does not establish a closing price.

Updated 1 min read
A trader works at a terminal on the New York Stock Exchange floor. / EconoTimes.ai
A trader works at a terminal on the New York Stock Exchange floor. / EconoTimes.ai

Coherent Corp.'s Friday advance was followed by another sharp move Monday: a Nov. 9 trading snapshot put its shares at $221.99, up 15.13%.

The Nov. 9 figure captures the price at one point while trading was underway. It does not show where Coherent finished the session or what its full-day return was.

Coherent had gained ground before the weekend. At 11:51 a.m. ET Friday, Nov. 6, its shares were up 11.86%, the largest gain among S&P 500 stocks in that snapshot. By 1:55 p.m. ET, the stock stood at $193.35, up $23.59, as EconoTimes reported in its coverage of Friday's advance.

The S&P 500 was up 0.9% late Friday morning after a 4.4% decline Thursday led by technology shares. Coherent's higher Nov. 9 intraday quote continued its rise, although the available readings do not establish a closing return for either session.

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