On Thursday, shares of companies in the optical communications sector displayed divergent movements.

Credo Technology Group Holding Ltd (CRDO.US) saw its stock price climb more than 10%.

Marvell Technology (MRVL.US) advanced over 4%, while POET Technologies Inc (POET.US) gained more than 3%.

In contrast, Applied Optoelectronics Inc. (AAOI.US) experienced a decline, falling more than 5%.