Optical Communication Stocks Quiet in Overnight Trading, AXTI Down 1%, MRVL Down 0%
Tuesday (September 15) US overnight trading saw optical communication stocks trade quietly with most names showing narrow ranges. AXTI(AXTI.US) fell 1.04% to $57.10 in overnight trading, hitting a low of $57.07; MRVL(MRVL.US) declined 0.24% to $221.16, while GLW(GLW.US) slipped 0.20% to $143.29. LITE(LITE.US) edged up 0.09% to $839.69, and COHR(COHR.US) fell 0.03% to $271.09. NOK(NOK.US), AAOI(AAOI.US), and POET(POET.US) all held flat in overnight trading at $9.84, $95.29, and $7.21 respectively.
On the news front, the optical communication sector lacked clear catalysts during overnight hours with relatively light trading activity. Among derivative ETFs, LITX(LITX.US) rose 0.31% to $25.86, LITZ(LITZ.US) gained 0.06% to $8.46, AAOX(AAOX.US) held flat at $8.64, and MVLL(MVLL.US) fell 0.59% to $25.48, all showing limited volatility.
Sector constituents
| Name | Ticker | Last | Change |
|---|---|---|---|
| LITE | LITE.US | 839.69 | +0.09% |
| LITX | LITX.US | 25.86 | +0.31% |
| LITZ | LITZ.US | 8.46 | +0.06% |
| NOK | NOK.US | 9.84 | 0.00% |
| AAOI | AAOI.US | 95.29 | 0.00% |
| POET | POET.US | 7.21 | 0.00% |
| AAOX | AAOX.US | 8.64 | 0.00% |
| COHR | COHR.US | 271.09 | -0.03% |
| MRVL | MRVL.US | 221.16 | -0.24% |
| GLW | GLW.US | 143.29 | -0.20% |
| MVLL | MVLL.US | 25.48 | -0.59% |
| AXTI | AXTI.US | 57.10 | -1.04% |