Storage and optical networking names moved higher at the U.S. stock market open on Aug. 14, according to market data from BIT (bit.com). In optical networking, most related stocks traded up, led by Applied Optoelectronics (AAOI), which gained 9.07%. Lumentum (LITE) rose 4.57%, Corning (GLW) added 2.86%, and Coherent (COHR) was up 1.60%.
Memory and storage stocks also posted gains across the board. Sandisk (SNDK) climbed 6.15%, Seagate Technology (STX) rose 4.71%, Western Digital (WDC) added 4.57%, SK Hynix gained 3.06%, and Micron Technology rose 2.30%. The move covered both sectors at the open, with BIT cited as the source for the price data.
Storage and optical networking stocks moved higher at the U.S. market open on Aug. 14, according to market data from BIT (bit.com).
Optical networking names mostly traded higher
Applied Optoelectronics (AAOI) rose 9.07%, Lumentum (LITE) gained 4.57%, Corning (GLW) added 2.86%, and Coherent (COHR) was up 1.60%.
Storage stocks posted broad gains
Sandisk (SNDK) climbed 6.15%, Seagate Technology (STX) rose 4.71%, Western Digital (WDC) added 4.57%, SK Hynix gained 3.06%, and Micron Technology was up 2.30%.
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