Coherent Corp. shares rise 1.51% premarket after Nokia selected for Medusa subsea cable system.
ByAinvest
Monday, Jul 28, 2025 6:48 am ET1min read
COHR--
Coherent Corp. rose 1.51% in premarket trading, with Nokia, a company that utilizes Coherent Corp.'s technology, being selected to power the Medusa subsea cable system. This project aims to enhance connectivity across Europe and North Africa, supporting the expansion of 5G, cloud infrastructure, and increased bandwidth demands.
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