Coherent Corp. (COHR) shares gained 6.68% today (2023-08-04). Is it the right time to buy?

What’s happening at Coherent Corp. (NYSE:COHR)? What made the stock one of the top performing stock today? The company is indeed among the top gainers of the stock market, skyrocketing 6.68% (or 3.14 points) to $50.16 from its previous close of $47.02. So is it the right moment to buy?
Read more: Coherent Corp. (COHR) shares gained 6.68% today (2023-08-04). Is it the right time to buy?