Optical Communications Sector Rises in Overnight Trading, AXTI Up 2.57%, AAOI Up 1.83%
On September 21, the optical communications sector rallied during the overnight trading session. As of press time, most mainstream names in the sector posted gains, with AXTI (AXTI.US) leading the advance, trading at $71.830 in overnight session, up 2.57% from the previous close. AAOI (AAOI.US) followed closely, at $107.090, up 1.83%.
Among other constituents, GLW (GLW.US) traded at $152.830 in overnight session, up 1.80%; COHR (COHR.US) at $322.220, up 1.53%; POET (POET.US) at $7.900, up 1.28%; MRVL (MRVL.US) at $247.260, up 1.23%. LITE (LITE.US) was at $941.190, up 1.10%; NOK (NOK.US) at $10.780, up 0.94%. Among derivative names, AAOX (AAOX.US) stood out with a 3.25% gain, MVLL (MVLL.US) rose 2.45%, and LITX (LITX.US) gained 2.30%.
Trading activity in the optical communications sector remained active during the overnight session, with most stocks extending gains from the post-market period. Investors should monitor capital flows and overall sector performance in the upcoming regular trading session.
Sector constituents
| Name | Ticker | Last | Change |
|---|---|---|---|
| AAOX | AAOX.US | 10.790 | +3.25% |
| AXTI | AXTI.US | 71.830 | +2.57% |
| MVLL | MVLL.US | 31.750 | +2.45% |
| LITX | LITX.US | 32.090 | +2.30% |
| AAOI | AAOI.US | 107.090 | +1.83% |
| GLW | GLW.US | 152.830 | +1.80% |
| COHR | COHR.US | 322.220 | +1.53% |
| POET | POET.US | 7.900 | +1.28% |
| MRVL | MRVL.US | 247.260 | +1.23% |
| LITE | LITE.US | 941.190 | +1.10% |
| NOK | NOK.US | 10.780 | +0.94% |
| LITZ | LITZ.US | 6.640 | +0.61% |