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US Optical-Communication Stocks Slide Broadly; LITE Leads Losses With 5.54% Drop
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News EditorOn August 10, US optical communication stocks fell across the board, according to market data from BIT (bit.com). Corning declined 1.22%, Nokia slipped 1.14%, AAOI dropped 2.26%, LITE tumbled 5.54% to lead the losses, MRVL edged down 0.14%, and POET fell 2.19%. The broad-based decline reflects a weak session for the optical communication sector in the US equity market.
On August 10, US optical communication stocks declined broadly, according to market data from BIT (bit.com). Corning fell 1.22%, Nokia slipped 1.14%, AAOI dropped 2.26%, LITE led the decline with a 5.54% drop, MRVL edged down 0.14%, and POET lost 2.19%.
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