Provided By Globe Newswire
Last update: Sep 8, 2022
PITTSBURGH, Sept. 08, 2022 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI), a leader in engineered materials and optoelectronic components, today announced a corporate name change to Coherent Corp. (Nasdaq: COHR) and a new brand identity, following the successful completion of II-VI’s acquisition of Coherent, Inc., on July 1, 2022.
81.2
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COHERENT CORP (NYSE:COHR) shows strong technicals with a high-quality breakout setup, supported by bullish trends, consolidation, and institutional interest. A breakout above $82.30 could present a trading opportunity.