---
title: "Optical Communication Sector Falls During Regular Session, NOK Down Nearly 10%, COHR Down Nearly 8%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/302729964.md"
description: "Optical communication sector declined broadly on Oct 22 during regular session. NOK led with nearly 10% drop, while LITZ gained 13.49%."
datetime: "2026-10-22T13:48:07.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/302729964.md)
  - [en](https://longbridge.com/en/news/302729964.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/302729964.md)
generator: "portal-rs"
---

# Optical Communication Sector Falls During Regular Session, NOK Down Nearly 10%, COHR Down Nearly 8%

During the regular trading session on October 22, the optical communication sector experienced broad-based weakness, with all mainstream stocks declining. As of press time, most stocks in the sector fell more than 5%, with Nokia (NOK.US) performing the weakest, **down nearly 10% at $8.37**; Coherent (COHR.US) **down nearly 8% at $219.11**.

Among other constituents, AAOI (AAOI.US) **fell 7.58% to $71.46**, AXTI (AXTI.US) **dropped 6.68% to $55.32**, LITE (LITE.US) **declined 6.30% to $797.09**. Corning (GLW.US) **fell 5.56% to $127.42**, Marvell (MRVL.US) **dropped 4.94% to $232.66**, POET (POET.US) **fell 3.88% to $5.45**. Among derivative products, AAOX (AAOX.US) **plunged 15.45% to $4.27**, LITX (LITX.US) **dropped 12.49% to $21.69**, MVLL (MVLL.US) **fell 9.68% to $26.86**, while LITZ (LITZ.US) **bucked the trend with a 13.49% gain to $31.76**.

Overall, the optical communication sector showed a broad decline today, with only LITZ recording a gain. Investors should monitor the sector's subsequent performance and individual stock fundamentals.

## Sector constituents

| Name     | Ticker  | Last   | Change  |
| -------- | ------- | ------ | ------- |
| LITZ     | LITZ.US | 31.76  | +13.49% |
| POET     | POET.US | 5.45   | -3.88%  |
| Marvell  | MRVL.US | 232.66 | -4.94%  |
| Corning  | GLW.US  | 127.42 | -5.56%  |
| Lumentum | LITE.US | 797.09 | -6.30%  |
| Axcelis  | AXTI.US | 55.32  | -6.68%  |
| AAOI     | AAOI.US | 71.46  | -7.58%  |
| Coherent | COHR.US | 219.11 | -7.75%  |
| Nokia    | NOK.US  | 8.37   | -9.57%  |
| MVLL     | MVLL.US | 26.86  | -9.68%  |
| LITX     | LITX.US | 21.69  | -12.49% |
| AAOX     | AAOX.US | 4.27   | -15.45% |

### 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

- [Nokia Oyj Non-GAAP EPS of €0.09 beats by €0.03, revenue of €5.15B beats by €90M](https://longbridge.com/en/news/302652852.md)
- [Hanseatic Management Services Inc. Buys New Stake in Marvell Technology, Inc. $MRVL](https://longbridge.com/en/news/302958015.md)
- [17,860 Shares in Marvell Technology, Inc. $MRVL Bought by Atlatl Advisers LLC](https://longbridge.com/en/news/302957117.md)
- [Corning Incorporated $GLW Stock: Gibbs Wealth Management Boosts Holdings](https://longbridge.com/en/news/302981705.md)
- [Meridian Financial Partners LLC Buys 12,326 Shares of Corning Incorporated $GLW](https://longbridge.com/en/news/302985417.md)

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