Premarket Movers｜Optical Communication Concept Stocks Rally as CRDO Climbs Over 5%

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On Monday, Optical communication-related equities staged a broad pre-market uptick. Credo Technology Group Holding Ltd climbed 5%, while AXT Inc, Tower Semiconductor, POET Technologies Inc and Applied Optoelectronics each advanced more than 4%. Coherent, Lumentum, Astera Labs, Inc. and Ciena registered gains exceeding 3%, with Corning up over 2%.

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Credo Technology Group Holding Ltd climbed 5%, while AXT Inc, Tower Semiconductor, POET Technologies Inc and Applied Optoelectronics each advanced more than 4%. Coherent, Lumentum, Astera Labs, Inc. and Ciena registered gains exceeding 3%, with Corning up over 2%.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}