Optical Communication Sector Shows Slight Fluctuation in Overnight Trading
The optical communication sector showed mixed performance during overnight trading on September 17, with most constituents experiencing slight declines. As of press time, mainstream stocks in the sector displayed mixed movements with limited overall volatility and cautious trading sentiment. LITE.US rose 0.25% in overnight trading to $895.85, hitting a high of $901.00 and a low of $893.61, becoming one of the few gainers in the sector.
Among other constituents, AXTI.US fell 1.51% to $66.73, MRVL.US declined 1.18% to $237.91, GLW.US dropped 0.54% to $147.00, and COHR.US decreased 0.75% to $293.76. AAOI.US fell 0.38% to $97.69 in overnight trading, POET.US declined 0.27% to $7.49, while NOK.US remained flat at $10.60.
On the derivative front, LITX.US held steady at $29.05 in overnight trading, LITZ.US adopted post-market pricing and fell 2.21% to $7.08, AAOX.US declined 0.87% to $9.10, and MVLL.US dropped 2.36% to $29.36. Overall, the optical communication sector saw relatively light trading activity during overnight hours, with investors adopting a wait-and-see approach pending further market guidance.
Sector constituents
| Name | Ticker | Last | Change |
|---|---|---|---|
| LITE | LITE.US | 895.85 | +0.25% |
| LITX | LITX.US | 29.05 | 0.00% |
| NOK | NOK.US | 10.60 | 0.00% |
| POET | POET.US | 7.49 | -0.27% |
| AAOI | AAOI.US | 97.69 | -0.38% |
| GLW | GLW.US | 147.00 | -0.54% |
| COHR | COHR.US | 293.76 | -0.75% |
| AAOX | AAOX.US | 9.10 | -0.87% |
| MRVL | MRVL.US | 237.91 | -1.18% |
| AXTI | AXTI.US | 66.73 | -1.51% |
| LITZ | LITZ.US | 7.08 | -2.21% |
| MVLL | MVLL.US | 29.36 | -2.36% |