Despite A Drop In Sales, Coherent Stock Has Managed To Strongly Outperform The S&P 500

Despite A Drop In Sales, Coherent Stock Has Managed To Strongly Outperform The S&P 500

Coherent Inc. (NASDAQ: COHR) stock price jumped more than 2.5x from $106 in 2018 end, to around $266 currently, primarily due to favorable changes in its P/S multiple.

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