During the night session on October 2, the optical communications sector showed broad gains. As of press time, most mainstream names in the sector recorded advances, with Marvell Technology (MRVL.US) standing out, up 1.53% at $272.17 in night trading; Corning Inc (GLW.US) rose 0.98% to $162.00; POET Technologies (POET.US) gained 0.92% to $7.71.
Among other constituents, AAOI.US rose 0.82% to $108.20, Coherent Corp (COHR.US) advanced 0.76% to $321.63, AXT Inc (AXTI.US) gained 0.68% to $82.37, Lumentum Holdings (LITE.US) rose 0.61% to $1,052.20, and Nokia Corp (NOK.US) advanced 0.48% to $10.42. Among derivatives, MVLL.US led with a 3.16% gain to $37.90, AAOX.US rose 1.60% to $10.82, LITX.US gained 1.08% to $39.39, while LITZ.US declined 0.54% to $18.77.
Night session trading was relatively light, with most names moving within 1%. Technically, sector constituents maintained continuity with after-hours trading. Investors may watch for further intraday developments and fundamental news, particularly regarding orders and earnings in optical modules and fiber communications.
Sector constituents
| Name | Ticker | Last | Change |
|---|---|---|---|
| MVLL | MVLL.US | 37.90 | +3.16% |
| AAOX | AAOX.US | 10.82 | +1.60% |
| Marvell | MRVL.US | 272.17 | +1.53% |
| LITX | LITX.US | 39.39 | +1.08% |
| Corning | GLW.US | 162.00 | +0.98% |
| POET | POET.US | 7.71 | +0.92% |
| AAOI | AAOI.US | 108.20 | +0.82% |
| Coherent | COHR.US | 321.63 | +0.76% |
| AXT | AXTI.US | 82.37 | +0.68% |
| Lumentum | LITE.US | 1052.20 | +0.61% |
| Nokia | NOK.US | 10.42 | +0.48% |
| LITZ | LITZ.US | 18.77 | -0.54% |