Optical Communication Stocks Quiet in Overnight Trading, AXTI Down 1%, MRVL Down 0%

Tuesday (September 15) US overnight trading saw optical communication stocks trade quietly with most names showing narrow ranges. AXTI(AXTI.US) fell 1.04% to $57.10 in overnight trading, hitting a low of $57.07; MRVL(MRVL.US) declined 0.24% to $221.16, while GLW(GLW.US) slipped 0.20% to $143.29. LITE(LITE.US) edged up 0.09% to $839.69, and COHR(COHR.US) fell 0.03% to $271.09. NOK(NOK.US), AAOI(AAOI.US), and POET(POET.US) all held flat in overnight trading at $9.84, $95.29, and $7.21 respectively.

On the news front, the optical communication sector lacked clear catalysts during overnight hours with relatively light trading activity. Among derivative ETFs, LITX(LITX.US) rose 0.31% to $25.86, LITZ(LITZ.US) gained 0.06% to $8.46, AAOX(AAOX.US) held flat at $8.64, and MVLL(MVLL.US) fell 0.59% to $25.48, all showing limited volatility.

Sector constituents

NameTickerLastChange
LITELITE.US839.69+0.09%
LITXLITX.US25.86+0.31%
LITZLITZ.US8.46+0.06%
NOKNOK.US9.840.00%
AAOIAAOI.US95.290.00%
POETPOET.US7.210.00%
AAOXAAOX.US8.640.00%
COHRCOHR.US271.09-0.03%
MRVLMRVL.US221.16-0.24%
GLWGLW.US143.29-0.20%
MVLLMVLL.US25.48-0.59%
AXTIAXTI.US57.10-1.04%

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