---
title: "Optical Communication Stocks Decline AAOI Down Nearly 4%, AXTI Plunges Over 10%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290707476.md"
description: "During Wednesday (June 24) Eastern Time trading session, most optical communication stocks declined. AAOI fell nearly 4%, AXTI plunged over 10%, and MRVL dropped more than 2%."
datetime: "2026-06-24T14:11:15.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290707476.md)
  - [en](https://longbridge.com/en/news/290707476.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290707476.md)
---

# Optical Communication Stocks Decline AAOI Down Nearly 4%, AXTI Plunges Over 10%

During Wednesday (June 24) Eastern Time trading session, most optical communication stocks moved lower. As of press time, **AAOI fell 3.49% to $142.30**, **AXTI plunged 10.19% to $69.97**, and **MRVL dropped 2.63% to $271.69**.

Among other components, **COHR fell 0.01% to $381.26**, **NOK rose 0.80% to $13.81**, **POET gained 5.41% to $11.31**, **LITE advanced 0.86% to $835.00**, and **GLW surged 6.15% to $206.01**. The sector showed mixed performance with some stocks rising against the trend.

On the derivative side, **LITX fell 0.74% to $32.29**, **LITZ rose 0.99% to $17.40**, **AAOX dropped 7.71% to $29.78**, and **MVLL declined 4.97% to $145.27**. Investors should monitor the overall sector trend and individual stock fundamentals.

### Related Stocks

- [AAOI.US](https://longbridge.com/en/quote/AAOI.US.md)
- [AXTI.US](https://longbridge.com/en/quote/AXTI.US.md)
- [MRVL.US](https://longbridge.com/en/quote/MRVL.US.md)
- [MVLL.US](https://longbridge.com/en/quote/MVLL.US.md)
- [AAOX.US](https://longbridge.com/en/quote/AAOX.US.md)
- [AXTU.US](https://longbridge.com/en/quote/AXTU.US.md)
- [AXTX.US](https://longbridge.com/en/quote/AXTX.US.md)
- [MRVU.US](https://longbridge.com/en/quote/MRVU.US.md)
- [COHR.US](https://longbridge.com/en/quote/COHR.US.md)
- [NOK.US](https://longbridge.com/en/quote/NOK.US.md)
- [POET.US](https://longbridge.com/en/quote/POET.US.md)
- [LITE.US](https://longbridge.com/en/quote/LITE.US.md)
- [GLW.US](https://longbridge.com/en/quote/GLW.US.md)
- [NOA3.DE](https://longbridge.com/en/quote/NOA3.DE.md)

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- [Marvell (MRVL) Is an AI Infrastructure Winner at a Steep Premium](https://longbridge.com/en/news/290649179.md)
- [Marvell (MRVL) Buys Celestial AI And XConn As Nvidia Deepens Ties](https://longbridge.com/en/news/290685194.md)
- [Caitong International Asset Management Co. Ltd Makes New $675,000 Investment in Marvell Technology, Inc. $MRVL](https://longbridge.com/en/news/290321508.md)
- [Focused Wealth Management Inc Takes $608,000 Position in Marvell Technology, Inc. $MRVL](https://longbridge.com/en/news/290663776.md)
- [Marvell's AI Rally Runs Into a Price Check](https://longbridge.com/en/news/290703045.md)