---
title: "Optical Communication Stocks Fall Premarket, Marvell Down 8%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/297311133.md"
description: "Optical communication stocks decline in premarket trading. Marvell(MRVL.US) leads losses down nearly 8%, while LITE, COHR, and AAOI each fall over 2%. NOK edges higher amid broad sector weakness."
datetime: "2026-08-28T10:47:35.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/297311133.md)
  - [en](https://longbridge.com/en/news/297311133.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/297311133.md)
generator: "portal-rs"
---

# Optical Communication Stocks Fall Premarket, Marvell Down 8%

U.S. optical communication stocks traded lower in premarket hours on Thursday (August 28). Marvell Technology(MRVL.US) fell **7.60%** to $223.10, leading the sector decline with an intraday low of $219.20. Lumentum(LITE.US) dropped **2.35%** to $933.69, Coherent(COHR.US) declined **2.43%** to $288.20, and Applied Optoelectronics(AAOI.US) slipped **2.37%** to $110.60. Axcelis(AXTI.US) fell **2.57%** to $65.20, Corning(GLW.US) decreased **1.26%** to $150.88, POET(POET.US) edged down **0.98%** to $8.11, while Nokia(NOK.US) managed a slight gain of **0.19%** at $10.61.

The optical communication sector faced broad pressure in premarket trading, with most mainstream names posting declines ranging from 2% to 8%. Among derivative ETFs, LITX.US fell 3.87%, AAOX.US dropped 4.81%, and MVLL.US plunged 15.45%, demonstrating significant leveraged effects, while LITZ.US bucked the trend with a 4.15% gain. Investors await further industry catalysts for directional guidance.

### 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)

## Related News & Research

- [Applied Optoelectronics Has a Rare Problem Thanks to a Possible U.S. Ban on China](https://longbridge.com/en/news/296953128.md)
- [Marvell Stock Is Expensive, But the Growth Story Is Hard to Ignore](https://longbridge.com/en/news/297345140.md)
- [LEWIS STEVERSON Executes Sell Order: Offloads $1.98M In Corning Stock](https://longbridge.com/en/news/297671132.md)
- [Chapin Davis Inc. Has $1 Million Position in Corning Incorporated $GLW](https://longbridge.com/en/news/297397624.md)
- [Freestone Grove Partners LP Purchases Shares of 23,852 Corning Incorporated $GLW](https://longbridge.com/en/news/297396640.md)

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