U.S. optical communications names continued to climb on Aug. 5, according to market data from BIT (bit.com). The move covered both sector-linked products and individual stocks. PureFunds ISE Photonics ETF (FOTO) rose 11.41%, while Corning (GLW) added 9.21% and Marvell Technology (MRVL) gained 13.6%. Applied Optoelectronics (AAOI) posted the biggest increase in the group, jumping 21.7%. Other gainers included Lumentum Holdings (LITE), up 9.72%, Coherent Corp (COHR), up 15.52%, and Ciena Corporation (CIEN), up 6.98%. The figures point to a continued advance across the U.S. optical communications segment in the latest trading data cited by BlockBeats.
U.S. optical communications stocks continued their upward move on Aug. 5, according to market data from BIT (bit.com), as cited by BlockBeats.
Performance across the group was as follows:
- PureFunds ISE Photonics ETF (FOTO) rose 11.41%
- Corning (GLW) gained 9.21%
- Marvell Technology (MRVL) climbed 13.6%
- Applied Optoelectronics (AAOI) jumped 21.7%
- Lumentum Holdings (LITE) advanced 9.72%
- Coherent Corp (COHR) rose 15.52%
- Ciena Corporation (CIEN) added 6.98%
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
