---
title: "Optical Communications Night Session Broad Decline, AXTI Down Over 3%, MRVL Down Nearly 9%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/297378703.md"
description: "On August 28 night session, optical communications sector saw broad decline, MRVL down nearly 9% leading losses, AXTI down over 3%, LITE, COHR, AAOI and other mainstream stocks recorded 2%-3% declines, derivative MVLL plunged 17.63%."
datetime: "2026-08-29T01:48:22.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/297378703.md)
  - [en](https://longbridge.com/en/news/297378703.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/297378703.md)
generator: "portal-rs"
---

# 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.

### 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

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