Coherent Surges 13% as Investors Revisit $20 Billion AI Deal After Sell-Off; Lumentum Climbs 4%, Applied Optoelectronics Gains 3%

AI optical stocks are rallying, with Coherent identified as outperforming the group as traders reassess a quarterly report that had previously prompted a sharp selloff. Coherent shares are quoted at $192; the article excerpt provides no further performance figures or report details.