Optical Communications Sector Sees Modest Post-Market Movement, MRVL Up 0.37%, AAOI Down 0.67%
During post-market hours on October 1, the optical communications sector exhibited modest movement. As of press time, mainstream names showed mixed performance, with most stocks moving within 1%, and trading activity remained relatively steady. The sector lacked a clear directional bias, with investors maintaining a watchful stance near key technical levels.
On the individual stock front, MRVL rose 0.37% to $269.06 in post-market trading, showing relative strength after touching a high of $270.28 during the session. POET gained 0.13% to $7.65. On the downside, AAOI fell 0.67% to $106.60, leading declines among mainstream names with relatively active post-market volume; LITE dropped 0.17% to $1,044.00; AXTI declined 0.13% to $81.70; GLW fell 0.11% to $160.25; COHR dropped 0.11% to $318.84; NOK decreased 0.19% to $10.35.
Among derivative names, MVLL advanced 1.22% to $37.19, outperforming the sector; LITZ gained 0.25% to $20.45; LITX slipped 0.05% to $38.95; and AAOX fell 1.31% to $10.51, posting the largest decline in the group. Overall, the optical communications sector showed limited volatility during post-market hours, with trading volume declining from regular session levels as investors maintained a cautious stance awaiting further catalysts for directional guidance.
Sector constituents
| Name | Ticker | Last | Change |
|---|---|---|---|
| MVLL | MVLL.US | 37.19 | +1.22% |
| MRVL | MRVL.US | 269.06 | +0.37% |
| LITZ | LITZ.US | 20.45 | +0.25% |
| POET | POET.US | 7.65 | +0.13% |
| LITX | LITX.US | 38.95 | -0.05% |
| GLW | GLW.US | 160.25 | -0.11% |
| COHR | COHR.US | 318.84 | -0.11% |
| AXTI | AXTI.US | 81.70 | -0.13% |
| LITE | LITE.US | 1044.00 | -0.17% |
| NOK | NOK.US | 10.35 | -0.19% |
| AAOI | AAOI.US | 106.60 | -0.67% |
| AAOX | AAOX.US | 10.51 | -1.31% |
