Optical Communication Stocks Edge Mixed, NOK Up 2.75%, COHR Up 1.70%
U.S. optical communication stocks showed modest movement during regular trading Tuesday (September 15). Nokia(NOK.US) led the sector, climbing 2.75% to $9.92, with an intraday high of $10.05 representing a 4.15% gain. Coherent(COHR.US) rose 1.70% to $271.02, hitting a session high of $279.50. Marvell Technology(MRVL.US) advanced 1.60% to $222.33. Axion Power(AXTI.US) gained 0.91% to $57.58, Lumentum(LITE.US) edged up 0.63% to $840.33, and AAOI(AAOI.US) slipped 0.33% to $96.08. Corning(GLW.US) dipped 0.07% to $143.51, while POET(POET.US) fell 2.42% to $7.25.
On the derivative ETF front, MVLL(MVLL.US) gained 3.12%, LITX(LITX.US) rose 0.54%, LITZ(LITZ.US) declined 1.29%, and AAOX(AAOX.US) edged up 0.23%. Trading activity remained subdued as investors maintained a wait-and-see stance on the sector.
Sector constituents
| Name | Ticker | Last | Change |
|---|---|---|---|
| MVLL | MVLL.US | 25.82 | +3.12% |
| Nokia | NOK.US | 9.92 | +2.75% |
| Coherent | COHR.US | 271.02 | +1.70% |
| Marvell Technology | MRVL.US | 222.33 | +1.60% |
| Axion Power | AXTI.US | 57.58 | +0.91% |
| Lumentum | LITE.US | 840.33 | +0.63% |
| LITX | LITX.US | 25.88 | +0.54% |
| AAOI | AAOI.US | 96.08 | +0.33% |
| AAOX | AAOX.US | 8.80 | +0.23% |
| Corning | GLW.US | 143.51 | -0.07% |
| LITZ | LITZ.US | 8.42 | -1.29% |
| POET | POET.US | 7.25 | -2.42% |