Shares in Optical Communications Sector Decline Broadly, Corning Drops Over 8%

Stock News

06/23

On Tuesday, stocks within the optical communications sector experienced widespread declines.

Shares of Credo Technology (CRDO.US) fell more than 9%, while Corning (GLW.US) dropped over 8%.

Applied Optoelectronics (AAOI.US) saw a decline exceeding 7%, and Coherent (COHR.US) was down more than 6%.

Marvell Technology (MRVL.US) shares fell nearly 6%.

Additionally, Lumentum (LITE.US), POET Technologies (POET.US), and Nokia (NOK.US) all registered losses of over 4%.

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