Optical Communications Night Session Broad Decline, AXTI Down Over 3%, MRVL Down Nearly 9%

During the night session on August 28, the optical communications sector declined broadly, with mainstream stocks falling across the board. As of press time, most stocks in the sector recorded varying degrees of losses, with market sentiment cautious. Marvell Technology (MRVL.US) led the decline, with a night session drop of nearly 9% at $220.25; Axcelis Technologies (AXTI.US) fell over 3% to $64.87, making them the most significant decliners among mainstream stocks.

Among other mainstream stocks, Lumentum Holdings (LITE.US) fell 2.66% to $930.75, Coherent Corp (COHR.US) dropped 2.37% to $288.38, AAOI (AAOI.US) declined 2.77% to $110.14, and Corning Inc (GLW.US) fell 1.79% to $150.06. Nokia (NOK.US) had a smaller decline, down 0.19% at $10.57, while POET Technologies (POET.US) fell 0.85% to $8.12, showing relatively stable performance overall.

Among derivative stocks, MVLL.US showed significant volatility, falling 17.63% to $26.11, AAOX.US dropped 5.92% to $11.91, LITX.US fell 4.73% to $33.25, and LITZ.US declined 0.49% to $8.11. Overall, the optical communications sector showed a broad decline pattern during the night session, and investors should pay attention to subsequent market trends and sector fundamentals.