---
title: "Optical Communication Sector Rises in Overnight Session, AXTI Up 2.85%, POET Gains 2.01%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/300657087.md"
description: "The optical communication sector advanced broadly in overnight trading, led by AXTI up 2.85%, with POET, MVLL, and LITX also posting gains as buying interest remained strong across the board."
datetime: "2026-10-01T07:48:51.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/300657087.md)
  - [en](https://longbridge.com/en/news/300657087.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/300657087.md)
generator: "portal-rs"
---

# Optical Communication Sector Rises in Overnight Session, AXTI Up 2.85%, POET Gains 2.01%

The optical communication sector advanced collectively during the overnight session, with most constituents posting positive returns. As of press time, mainstream names in the sector were broadly higher, with AXTI standing out with a 2.85% overnight gain to $79.62; POET followed with a 2.01% rise to $7.63. MRVL, LITE, and COHR also recorded gains of approximately 1.8% to 1.9%, indicating strong overall buying interest in the sector.

On the derivative front, MVLL rose 3.27% in overnight trading to $36.96, AAOX gained 3.05% to $9.45, and LITX advanced 3.09% to $35.03, outperforming mainstream names. LITZ, lacking overnight data, used post-market quotes showing a 0.25% gain to $24.15. Overall, the optical communication sector displayed broad-based gains during the overnight session, with investors maintaining an optimistic outlook on industry prospects.

## Sector constituents

| Name         | Ticker  | Last   | Change |
| ------------ | ------- | ------ | ------ |
| MVLL         | MVLL.US | 36.96  | +3.27% |
| Li-Cycle     | LITX.US | 35.03  | +3.09% |
| AAOX         | AAOX.US | 9.45   | +3.05% |
| Axcelis Tech | AXTI.US | 79.62  | +2.85% |
| POET Tech    | POET.US | 7.63   | +2.01% |
| Marvell Tech | MRVL.US | 269.18 | +1.88% |
| Lumentum     | LITE.US | 988.76 | +1.80% |
| Coherent     | COHR.US | 293.00 | +1.80% |
| Applied Opto | AAOI.US | 100.89 | +1.64% |
| Corning      | GLW.US  | 155.94 | +1.42% |
| Nokia        | NOK.US  | 10.21  | +0.69% |
| LITZ         | LITZ.US | 24.15  | +0.25% |

### 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

- [AAOI Stock Price Prediction: Stock Plunges Nearly 14%, Can It Rebound After Completing $600 Million Financing?](https://longbridge.com/en/news/301349630.md)
- [Bernstein Reaffirms Their Hold Rating on Corning (GLW)](https://longbridge.com/en/news/301129424.md)
- ['Good Reason to Avoid,' Warns Top Investor About Marvell Stock — Here's Why](https://longbridge.com/en/news/301155968.md)
- [Marvell Technology, Inc. $MRVL Shares Newly Acquired by Family Legacy Financial Solutions LLC](https://longbridge.com/en/news/301194052.md)
- [Why Marvell Stock Jumped 5.8% and Why Analysts Raised Their Price Targets](https://longbridge.com/en/news/301103193.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**