Optical Communication Stocks Rally on Monday, Coherent Surges Past 7%

Stock News
08/17

On Monday, shares of optical communication companies experienced a broad uptick, with Coherent (COHR.US) leading the charge by climbing over 7%.

The sector-wide rally also saw Marvell Technology (MRVL.US) advance more than 5%, while Lumentum (LITE.US) gained 5% during the session.

Additionally, Corning (GLW.US) moved up over 4%, and Applied Optoelectronics (AAOI.US) edged higher by more than 2%, reflecting a positive sentiment across the optical communications space.

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