---
title: "Optical Communication Sector Falls During Regular Session, AXTI Drops Nearly 12%, MRVL Down Almost 10%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/297363415.md"
description: "The optical communication sector declined broadly during regular trading on August 28, with mainstream stocks falling across the board. AXTI led losses at -11.57%, followed by MRVL at -9.63% and POET at -7.57%. Only LITZ bucked the trend, rising 11.13%."
datetime: "2026-08-28T19:46:56.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/297363415.md)
  - [en](https://longbridge.com/en/news/297363415.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/297363415.md)
generator: "portal-rs"
---

# Optical Communication Sector Falls During Regular Session, AXTI Drops Nearly 12%, MRVL Down Almost 10%

On August 28 during regular trading hours, the optical communication sector weakened collectively, with mainstream stocks declining across the board. As of press time, multiple stocks in the sector fell more than 5%, reflecting clearly negative market sentiment.

Specifically, **AXTI.US** performed the weakest, dropping **11.57%** to $59.18 during the session; **MRVL.US** followed closely, falling **9.63%** to $218.19; **POET.US** declined **7.57%** to $7.57; **AAOI.US** fell **5.87%** to $106.63; **LITE.US** dropped **5.70%** to $901.69; **COHR.US** declined **5.04%** to $280.51; **NOK.US** fell **3.73%** to $10.20; **GLW.US** showed a relatively smaller decline of **2.25%** to $149.36.

Among derivative stocks, **LITZ.US** bucked the trend, rising **11.13%** to $8.04, becoming the only gaining stock in the sector; the rest of derivative stocks all declined, with **MVLL.US** falling **19.43%** to $25.54, **AAOX.US** down **11.73%** to $11.18, and **LITX.US** declining **11.19%** to $31.00.

### 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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- [Applied Optoelectronics Has a Rare Problem Thanks to a Possible U.S. Ban on China](https://longbridge.com/en/news/296953128.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.**