---
title: "Optical Communications Sector Plunges in Night Session: LITE Down Nearly 9%, AXTI Nearly 11%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293803009.md"
description: "The optical communications sector saw broad declines in the night session, with major stocks falling sharply. LITE dropped nearly 9%, AXTI nearly 11%, while GLW, COHR, and MRVL all fell over 6%. NOK, AAOI, and POET also declined more than 6%."
datetime: "2026-07-24T22:46:19.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293803009.md)
  - [en](https://longbridge.com/en/news/293803009.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293803009.md)
generator: "portal-rs"
---

# Optical Communications Sector Plunges in Night Session: LITE Down Nearly 9%, AXTI Nearly 11%

The optical communications sector faced widespread selling pressure during the night session, with major stocks declining significantly. As of press time, LITE.US traded at $762.99, down 8.48% from the previous close; AXTI.US was at $47.23, falling 10.77%; GLW.US stood at $146.65, down 6.03%.

Other major stocks also showed weakness: COHR.US traded at $282.39, down 9.84%; MRVL.US was at $194.23, falling 7.21%; NOK.US stood at $9.10, down 6.47%; AAOI.US traded at $100.15, declining 10.62%; POET.US was at $6.89, down 9.34%. Among derivative stocks, LITX.US fell 16.65%, LITZ.US rose 17.18%, AAOX.US dropped 21.63%, and MVLL.US declined 14.76%.

Overall, the optical communications sector exhibited broad-based declines during the night session, with most stocks falling more than 6%, indicating clearly negative market sentiment. Investors should monitor subsequent fundamental changes and industry developments, exercising caution in their operations.

### 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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- [Marvell Stock Is Expensive, But the Growth Story Is Hard to Ignore](https://longbridge.com/en/news/297345140.md)
- [Concurrent Investment Advisors LLC Grows Position in Corning Incorporated $GLW](https://longbridge.com/en/news/298101680.md)
- [InCoax, Nokia deploy Gigabit Connect with MoCA Access in Sjoberg network rollout](https://longbridge.com/en/news/297869652.md)
- [Nokia and BeeHealthy bring network-based verification to digital healthcare | NOK Stock News](https://longbridge.com/en/news/297862503.md)

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