Optical communication stocks traded higher in overnight session on September 3. Axcelis Technologies(AXTI.US) climbed 1.76% to $57.19, leading the sector with an overnight high of $57.39. Coherent Corp(COHR.US) advanced 0.98% to $267.00, while Lumentum Holdings(LITE.US) edged up 0.43% to $851.04. Corning Inc(GLW.US) gained 0.44% to $146.64, and Marvell Technology(MRVL.US) rose 0.46% to $209.79.
The sector maintained momentum from regular trading hours, with most names posting gains. Applied Optoelectronics(AAOI.US) increased 0.72% to $101.10 in overnight trading, POET Technologies(POET.US) added 0.68% to $7.38, and Nokia(NOK.US) ticked up 0.41% to $9.81. Among derivative products, LITX.US rose 0.70%, AAOX.US gained 1.84%, and MVLL.US advanced 0.65%, while LITZ.US slipped 0.01% based on after-hours data.