US stock market opens with a broad decline in optical communication concept stocks, MRVL, AAOI, and LITE drop over 6%
BlockBeats news, on June 26, according to Bitget market data, U.S. optical communication concept stocks generally fell at market open, including:
Pure Photonics ETF FOTO fell 5.7%;
Marvell Technology (MRVL), called out by Jensen Huang as the next 1 trillion dollar market cap company, fell 6.1%;
AAOI (Applied Optoelectronics) fell 7.1%;
LITE (Lumentum Holdings) fell 8.86%;
COHR (Coherent Corp.) fell 8.4%;
CIEN (Ciena Corporation) fell 4.75%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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