The optical communication sector saw broad gains during the regular session on October 1, with mainstream stocks all trading in positive territory. As of press time, multiple stocks posted significant advances, led by COHR with gains exceeding 10%, followed by AAOI and LITE up over 8% and 7% respectively. Trading activity was robust with notable capital inflows.
Specifically, COHR.US touched a high of $323.23, last trading at $317.27, up 10.23%; AAOI.US reached $108.28, now at $107.28, up 8.08%; LITE.US hit $1,078.04, currently at $1,042.43, up 7.33%. AXTI.US gained 5.74% to $81.85, GLW.US rose 4.42% to $160.55. MRVL.US, NOK.US, and POET.US advanced 1.32%, 2.10%, and 2.03% respectively, showing more moderate performance.
Among derivative stocks, AAOX.US surged 16.03% to $10.64, LITX.US jumped 14.45% to $38.89, MVLL.US gained 2.54% to $36.70, while LITZ.US declined 14.90% to $20.50, indicating notable divergence within the sector.
Sector constituents
| Name | Ticker | Last | Change |
|---|---|---|---|
| AAOX | AAOX.US | 10.64 | +16.03% |
| Li-Cycle | LITX.US | 38.89 | +14.45% |
| Coherent | COHR.US | 317.27 | +10.23% |
| Applied Optoelectronics | AAOI.US | 107.28 | +8.08% |
| Lumentum | LITE.US | 1042.43 | +7.33% |
| Axcelis | AXTI.US | 81.85 | +5.74% |
| Corning | GLW.US | 160.55 | +4.42% |
| MVLL | MVLL.US | 36.70 | +2.54% |
| Nokia | NOK.US | 10.35 | +2.10% |
| POET Technologies | POET.US | 7.63 | +2.03% |
| Marvell | MRVL.US | 267.71 | +1.32% |
| LITZ | LITZ.US | 20.50 | -14.90% |