---
title: "Optical Communication Sector Drops Intraday, LITE Down Nearly 5%, COHR Falls Over 5%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293765696.md"
description: "The optical communication sector retreated sharply during intraday trading, with mainstream stocks all in the red. LITE fell nearly 5%, COHR dropped over 5%, while MRVL and AXTI also declined amid weak market sentiment."
datetime: "2026-07-24T13:46:32.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293765696.md)
  - [en](https://longbridge.com/en/news/293765696.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293765696.md)
generator: "portal-rs"
---

# Optical Communication Sector Drops Intraday, LITE Down Nearly 5%, COHR Falls Over 5%

During intraday trading on Thursday (July 24), the optical communication sector faced significant selling pressure, with mainstream stocks retreating collectively. As of press time, most stocks in the sector showed notable declines, reflecting cautious market sentiment.

Specifically, **LITE.US** fell **4.59%** to **$795.34**, while **COHR.US** dropped **5.04%** to **$297.44**. **AXTI.US** declined **6.67%** to **$49.40**. Additionally, **MRVL.US** slipped **4.08%** to **$200.78**, **GLW.US** fell **2.01%** to **$152.93**, **NOK.US** dropped **4.37%** to **$9.31**, **AAOI.US** saw a larger decline of **6.75%** to **$104.46**, and **POET.US** also fell **4.34%** to **$7.27**.

Among derivative stocks, **LITX.US** dropped **8.73%** to **$27.85**, while **LITZ.US** bucked the trend with a **9.08%** gain to **$15.49**. **AAOX.US** plunged **13.42%** to **$13.81**, and **MVLL.US** fell **7.69%** to **$24.25**. Overall, the optical communication sector showed weak performance during today's intraday session, and investors should monitor subsequent fundamental changes 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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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**