U.S. optical communications stocks moved higher during intraday trading, according to data from MSX.COM. Lumentum and Coherent each rose more than 5%, leading the group. Tower Semiconductor and AXT were up more than 4%, while Applied Optoelectronics (AAOI) and Credo gained more than 3%. The move was reported by Odaily in a market analysis newsflash. No additional details on the drivers behind the gains were provided in the source.
U.S. optical communications stocks rose during intraday trading, according to MSX.COM data.
Lumentum and Coherent were each up more than 5%. Tower Semiconductor and AXT gained more than 4%, while Applied Optoelectronics (AAOI) and Credo rose more than 3%.
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