The coral spot is a damaging fungal infection attacks woody plants and causes branches to die back on affected trees and shrubs, but the infection mostly only impacts those plants that are already weakened. It can infect and cause disease in any woody shrub or tree, but it is most common on Hazel, Beech, Hornbeam, Sycamore and Chestnut. Since there is no coral spot fungus treatment, you can always prune branches when the weather is dry and avoid damage from other sources, and do it at the collar of the branch.

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Source: Gardening Know How