---
title: "Optical Communications Stocks Decline MRVL Falls Nearly 6%, LITE Drops Over 4%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290578902.md"
description: "During Monday (June 23) Eastern Time trading, most optical communications stocks declined. MRVL.US fell nearly 6% to $290.02, LITE.US dropped over 4% to $853.01, and COHR.US declined over 6% to $398.28."
datetime: "2026-06-23T14:17:58.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290578902.md)
  - [en](https://longbridge.com/en/news/290578902.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290578902.md)
---

# Optical Communications Stocks Decline MRVL Falls Nearly 6%, LITE Drops Over 4%

During Monday (June 23) Eastern Time trading, most optical communications stocks experienced significant declines. As of press time, **MRVL.US fell 5.80% to $290.015**, **LITE.US dropped 4.58% to $853.01**, and **COHR.US declined 6.40% to $398.275**. Only a few stocks in the sector showed relative resilience.

Among other mainstream tickers, **AXTI.US fell 8.33% to $84.745**, **GLW.US dropped 8.30% to $192.43**, **NOK.US declined 4.19% to $13.825**, **AAOI.US fell 7.32% to $158.70**, and **POET.US dropped 3.97% to $11.61**. On the derivative side, **LITX.US fell 8.98% to $34.605**, **LITZ.US rose 9.51% to $16.46**, **AAOX.US declined 14.84% to $37.795**, and **MVLL.US dropped 11.54% to $166.89**.

The sector faced overall pressure, with most stocks falling more than 4%, indicating cautious short-term market sentiment. Investors should monitor subsequent industry fundamentals and capital flows.

### Related Stocks

- [LITE.US](https://longbridge.com/en/quote/LITE.US.md)
- [AXTI.US](https://longbridge.com/en/quote/AXTI.US.md)
- [GLW.US](https://longbridge.com/en/quote/GLW.US.md)
- [COHR.US](https://longbridge.com/en/quote/COHR.US.md)
- [MRVL.US](https://longbridge.com/en/quote/MRVL.US.md)
- [NOK.US](https://longbridge.com/en/quote/NOK.US.md)
- [AAOI.US](https://longbridge.com/en/quote/AAOI.US.md)
- [POET.US](https://longbridge.com/en/quote/POET.US.md)

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