---
title: "Optical Communication Stocks Fall in Overnight Trading, Coherent Down 3%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292836350.md"
description: "Optical communication stocks declined in overnight trading. Coherent(COHR.US) led losses down over 3%, while Lumentum and Corning also slipped. Most derivative ETFs followed lower, with LITZ bucking the trend with a slight gain."
datetime: "2026-07-16T01:47:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292836350.md)
  - [en](https://longbridge.com/en/news/292836350.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292836350.md)
generator: "portal-rs"
---

# Optical Communication Stocks Fall in Overnight Trading, Coherent Down 3%

Optical communication stocks fell broadly in overnight trading on Wednesday (July 15). Coherent(COHR.US) dropped **3.13%** to $290.00, leading the sector lower, with an overnight high of $293.52. Lumentum(LITE.US) declined **1.33%** to $742.01, Axcelis Technologies(AXTI.US) fell **1.61%** to $52.56, and Corning(GLW.US) slipped **1.75%** to $171.35. Marvell(MRVL.US) decreased **1.10%** to $204.00, Nokia(NOK.US) dropped **1.33%** to $11.10, AAOI(AAOI.US) fell **0.97%** to $108.03, and POET(POET.US) declined **0.85%** to $8.20.

Among derivative ETFs, LITX(LITX.US) fell **2.20%**, MVLL(MVLL.US) dropped **2.22%**, AAOX(AAOX.US) declined **1.53%**, while LITZ(LITZ.US) bucked the trend with a **0.49%** gain. The optical communication sector saw broad pullback in overnight trading as profit-taking emerged following significant intraday volatility, with Coherent touching $293.52 during regular hours before extending losses in overnight session.

### 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

- [NFJ Investment Group LLC Invests $15.58 Million in Corning Incorporated $GLW](https://longbridge.com/en/news/296603877.md)
- [Nokia reportedly plans Hangzhou R&D center closure, affecting 1,600 jobs](https://longbridge.com/en/news/296058726.md)
- [Grandfield & Dodd LLC Takes $12.04 Million Position in Corning Incorporated $GLW](https://longbridge.com/en/news/296196821.md)
- [Applied Optoelectronics SVP, Asia GM Joshua Yeh sells 6,000 shares for $886,380](https://longbridge.com/en/news/296532091.md)
- [Zayo expands long-term fiber optic cable supply agreement with Corning](https://longbridge.com/en/news/296496059.md)

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