U.S. optical communications names moved higher on July 22, according to market data from BIT (bit.com). The Pure-Play Photonics ETF, FOTO, gained more than 9% in the session. Among individual stocks, Coherent rose more than 11%, while Lumentum also climbed more than 9%. Ciena advanced nearly 8%, and both Marvell Technology and Corning posted gains of more than 6%. Credo was also higher, rising more than 5%. The move covered the broader optical communications segment, with the cited names all trading in positive territory at the time of the update.
U.S. optical communications stocks were broadly higher on July 22, according to market data from BIT (bit.com).
The Pure-Play Photonics ETF, FOTO, rose more than 9%. Coherent gained more than 11%, Lumentum climbed more than 9%, and Ciena added nearly 8%. Marvell Technology and Corning were both up more than 6%, while Credo rose more than 5%.
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