U.S. optical communication stocks traded mixed in premarket hours on Wednesday (September 23), with limited overall volatility. Nokia(NOK.US) climbed 0.46% to $10.87, leading the sector higher. Lumentum(LITE.US) advanced 0.35% to $949.02, while Axcelis Technologies(AXTI.US) edged up 0.03% to $77.81. POET(POET.US) barely moved, rising 0.01% to $8.17. On the downside, Coherent(COHR.US) slipped 0.22% to $309.70, Applied Optoelectronics(AAOI.US) fell 0.37% to $106.60, and Marvell Technology(MRVL.US) declined 0.38% to $261.37.
The optical communication sector lacked significant catalysts in premarket trading, with mixed performance reflecting investor caution on the sustainability of AI-driven demand. Some names that rallied earlier faced profit-taking pressure, while lower-valued stocks attracted bargain hunting. Among derivative ETFs, LITX.US gained 0.90%, LITZ.US rose 0.04%, AAOX.US dropped 0.37%, and MVLL.US fell 0.87%.
Sector constituents
| Name | Ticker | Last | Change |
|---|---|---|---|
| LITX | LITX.US | 32.62 | +0.90% |
| Nokia | NOK.US | 10.87 | +0.46% |
| Lumentum | LITE.US | 949.02 | +0.35% |
| Corning | GLW.US | 160.25 | +0.35% |
| LITZ | LITZ.US | 25.61 | +0.04% |
| Axcelis | AXTI.US | 77.81 | +0.03% |
| POET | POET.US | 8.17 | +0.01% |
| Coherent | COHR.US | 309.70 | -0.22% |
| AAOI | AAOI.US | 106.60 | -0.37% |
| AAOX | AAOX.US | 10.76 | -0.37% |
| Marvell | MRVL.US | 261.37 | -0.38% |
| MVLL | MVLL.US | 35.32 | -0.87% |