---
title: "Optical Communication Stocks Fall, Marvell Down 7%, Coherent Down 4%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/297336000.md"
description: "Optical communication stocks declined broadly. Marvell fell nearly 7%, Coherent and AXTI each dropped about 4%. MVLL plunged over 14% while LITZ rose 5%."
datetime: "2026-08-28T13:47:12.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/297336000.md)
  - [en](https://longbridge.com/en/news/297336000.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/297336000.md)
generator: "portal-rs"
---

# Optical Communication Stocks Fall, Marvell Down 7%, Coherent Down 4%

U.S. optical communication stocks retreated during regular trading on Thursday (August 28). Marvell Technology(MRVL.US) led the decline, falling **7.03%** to $224.48, with an intraday low of $219.12. Coherent(COHR.US) dropped **4.04%** to $283.45, touching a session low of $279.51. AAOI(AAOI.US) declined **3.67%** to $109.12, while AXTI(AXTI.US) fell **3.90%** to $64.31. LITE(LITE.US) slipped 2.73% to $930.04, POET(POET.US) lost 2.77% to $7.96, NOK(NOK.US) edged down 0.76% to $10.51, and GLW(GLW.US) declined 1.59% to $150.37.

Among derivative ETFs, MVLL(MVLL.US) plunged **14.48%** to $27.11, amplifying the sector's losses. AAOX(AAOX.US) fell 7.19% to $11.75, and LITX(LITX.US) dropped 5.16% to $33.10. Notably, LITZ(LITZ.US) bucked the trend, rising **5.26%** to $7.61 as the only gainer in the group. The broad-based selloff came after recent strong gains in optical communication names, with profit-taking accelerating amid weaker overall market sentiment.

### 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

- [LEWIS STEVERSON Executes Sell Order: Offloads $1.98M In Corning Stock](https://longbridge.com/en/news/297671132.md)
- [Marvell Stock Is Expensive, But the Growth Story Is Hard to Ignore](https://longbridge.com/en/news/297345140.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)
- [Applied Optoelectronics Has a Rare Problem Thanks to a Possible U.S. Ban on China](https://longbridge.com/en/news/296953128.md)

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