Optical Communications Pre-Market Broadly Up, NOK Rises 1.65%, MRVL Gains 1.64%
During the pre-market session on Oct 2, the optical communications sector displayed a broadly positive trend. As of press time, most mainstream constituents in the sector recorded gains, with Nokia (NOK.US) rising 1.65% to $10.541, Marvell Technology (MRVL.US) up 1.64% at $272.465, and Applied Optoelectronics (AAOI.US) gaining 1.53% to $108.960.
Among other constituents, Lumentum (LITE.US) rose 0.99% to $1,056.150 in pre-market trading, AXT (AXTI.US) advanced 1.06% to $82.680, Corning (GLW.US) gained 1.15% to $162.270, Coherent (COHR.US) edged up 0.20% to $319.840, and POET Technologies (POET.US) rose 0.92% to $7.710. Among derivative tickers, AAOX (AAOX.US) showed strength, up 3.10% to $10.980, MVLL (MVLL.US) gained 3.35% to $37.970, LITX (LITX.US) rose 1.98% to $39.743, while LITZ (LITZ.US) declined 1.52% to $20.090.
The optical communications sector showed active pre-market trading, with most constituents posting positive gains, indicating optimistic market sentiment toward optical communications-related names. Investors may monitor the sector's subsequent performance and individual stock movements.
Sector constituents
| Name | Ticker | Last | Change |
|---|---|---|---|
| MVLL | MVLL.US | 37.970 | +3.35% |
| AAOX | AAOX.US | 10.980 | +3.10% |
| LITX | LITX.US | 39.743 | +1.98% |
| Nokia | NOK.US | 10.541 | +1.65% |
| Marvell Technology | MRVL.US | 272.465 | +1.64% |
| Applied Optoelectronics | AAOI.US | 108.960 | +1.53% |
| Corning | GLW.US | 162.270 | +1.15% |
| AXT | AXTI.US | 82.680 | +1.06% |
| Lumentum | LITE.US | 1056.150 | +0.99% |
| POET Technologies | POET.US | 7.710 | +0.92% |
| Coherent | COHR.US | 319.840 | +0.20% |
| LITZ | LITZ.US | 20.090 | -1.52% |