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Optical Communication Sector Falls in Night Session, LITE Down Over 2%, AXTI Down Nearly 6%, GLW Down Over 5%

Movers Alert
Jul 22, 2026 at 10:47 PM
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The optical communication sector showed weakness in the night session with most major stocks declining. AXTI fell nearly 6% and GLW dropped over 5%, while LITE, COHR, and MRVL also saw notable losses.

The optical communication sector showed weakness in the night session with most major stocks declining. As of press time, the majority of stocks in the sector experienced varying degrees of decline, with market sentiment leaning cautious.

Specifically, LITE.US traded at $840.00 in the night session, up 1.24% from the previous close of $829.70, though it touched a high of $865.00 during the session. AXTI.US performed weakly, trading at $53.13 in the night session, slightly up 0.28% from the previous close of $52.98, but showed significant decline during regular trading hours. GLW.US traded at $154.67 in the night session, up 0.40% from the regular session close of $154.06, but fell 5.14% for the full day. COHR.US traded at $315.00 in the night session, up 0.90% from the regular session close of $312.19. MRVL.US traded at $212.30 in the night session, up 0.62% from the regular session close of $210.99.

Among other stocks, NOK.US traded at $10.68 in the night session, up 3.89% from the regular session close of $10.28; AAOI.US traded at $112.00, up 1.34% from $110.52; POET.US traded at $7.674, up 0.31% from $7.650. Among derivative stocks, LITX.US traded at $31.002, LITZ.US at $13.760, AAOX.US at $16.098, and MVLL.US at $27.240, generally following the sector trend.

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