Optical Communications Stocks Mostly Retreat, Applied Optoelectronics Leads Declines

Stock News
06/16

On Tuesday, the majority of stocks in the optical communications sector experienced a pullback.

As of the latest update, Applied Optoelectronics Inc. (AAOI.US) was down more than 5%. Lumentum Holdings Inc. (LITE.US) fell over 3.6%, and Coherent Corp. (COHR.US) declined more than 1.4%. In contrast, Marvell Technology Inc. (MRVL.US) gained over 1.8%.

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