Coherent (COHR) Climbs 6.78% on S&P 500 Addition
Coherent Corp. (NYSE:COHR) is one of the 10 Stocks Grabbing Investor Attention Today. Coherent Corp. rallied for a second day on Tuesday, jumping 6.78 percent to close at $272.33 apiece, as investors resumed buying positions in its stock following its official addition to the S&P 500 index. Companies being added to benchmark indices typically get a boost before and after their inclusion, as funds and investment firms reposition their portfolios to mirror the recomposition of the index. Meanwhile, this al ...