---
title: "Optical Communication Sector Falls in Overnight Session, LITE Down 1.75%, AXTI Down 1.68%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293702030.md"
description: "During the Wednesday overnight session in US Eastern Time, the optical communication sector retreated broadly. Mainstream names including LITE, AXTI, and GLW declined between 1% and 2%. MRVL fell 2.11% and NOK dropped 5.34% as market sentiment turned cautious."
datetime: "2026-07-24T04:47:58.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293702030.md)
  - [en](https://longbridge.com/en/news/293702030.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293702030.md)
generator: "portal-rs"
---

# Optical Communication Sector Falls in Overnight Session, LITE Down 1.75%, AXTI Down 1.68%

During the overnight session on Wednesday (July 23) US Eastern Time, the optical communication sector traded broadly lower. As of press time, most mainstream names in the sector closed lower amid cautious trading sentiment.

Specifically, **LITE.US** was last traded at $819.00 in the overnight session, down **1.75%** from the previous close; **AXTI.US** fell **1.68%** to $52.04; and **GLW.US** declined **1.20%** to $154.18. Meanwhile, **COHR.US** dropped 1.40% to $308.85, and **MRVL.US** fell 2.11% to $204.89.

Among other names, **NOK.US** underperformed with a **5.34%** decline to $9.58; **AAOI.US** fell 0.91% to $111.00; and **POET.US** edged down 0.39% to $7.57. In the derivative segment, **LITX.US** dropped 3.64% to $29.41; **LITZ.US** had no overnight data; **AAOX.US** fell 1.63% to $15.69; and **MVLL.US** declined 4.11% to $25.19. Overall, the optical communication sector faced selling pressure during the overnight session, with investors advised to monitor subsequent fundamental developments.

### 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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- [HighTower Advisors LLC Cuts Position in Corning Incorporated $GLW](https://longbridge.com/en/news/298285659.md)
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- [Concurrent Investment Advisors LLC Grows Position in Corning Incorporated $GLW](https://longbridge.com/en/news/298101680.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**