Coherent Stock Falls 41% YTD: Buying Opportunity or Red Flag?

Coherent Corp.'s (COHR) stock price has declined over the year-to-date period. The stock has plummeted 40.7% compared with the industry's 15.1% fall and the 8.8% decline of the Zacks S&P 500 composite.COHR’s industry peers Yext, Inc. (YEXT) and Vontier Corporation (VNT) have declined over the same period. YEXT and VNT have lost 7.1% and 17%, respectively.YTD Price Performance Image Source: Zacks Investment Research In a year, Coherent has underperformed its industry and Yext while outperforming Vontier. COH ...