U.S. optical communications stocks moved higher on July 23, according to market data from BIT (bit.com). The sector posted broad gains, with the PureFunds ISE Photonics ETF (FOTO) and Corning each rising more than 3%. Coherent and Ciena were up more than 4%.
Lumentum and Applied Optoelectronics (AAOI) led the group, each gaining more than 7%. The move reflected strength across the optical communications segment in U.S. equities during the session. The data cited in the update came from BIT (bit.com).
U.S. optical communications stocks were higher across the board on July 23, according to market data from BIT (bit.com).
The PureFunds ISE Photonics ETF (FOTO) and Corning each rose more than 3%, while Coherent and Ciena gained more than 4%. Lumentum and Applied Optoelectronics (AAOI) led the group, with both up more than 7%.
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