Optical Communications Stocks Rally in US Trading Session

Stock News

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Shares of companies in the optical communications sector experienced a broad advance during Wednesday's trading session.

Credo Technology Group Holding Ltd (CRDO) saw its stock rise more than 6%, while AXT Inc (AXTI) gained over 5%.

Astera Labs, Inc. (ALAB) and Marvell Technology (MRVL) both climbed more than 4%.

COHERENT (COHR) and Ciena (CIEN) also posted gains exceeding 2%.

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