Lightwave Logic, Inc. (LWLG) saw its stock price plummet 8.88% during intraday trading on Monday, as the optical communication sector experienced a broad decline.
The stock's sharp drop coincided with a sector-wide sell-off affecting multiple companies in the optical communication space. Several peers, including POET Technologies, AAOI, Credo, Astera Labs, Lumentum, and Coherent, also registered significant losses during the session.