U.S. storage and optical communication names opened lower on Oct. 8, according to market data from BIT (bit.com). In the storage segment, Micron fell 0.96%, SanDisk lost 1.40%, SK Hynix slipped 0.89%, Western Digital dropped 1.28%, and Seagate Technology declined 1.74% shortly after the opening bell.
Optical communication stocks also started the session in the red. Lumentum fell 3.76%, Corning dropped 3.46%, Coherent lost 4.51%, Applied Optoelectronics slid 4.95%, Ciena declined 2.59%, Broadcom fell 1.35%, and Marvell Technology was down 2.64%.
The move covered both storage and optical communication names at the open, with Applied Optoelectronics and Coherent posting the largest declines among the companies listed in the data snapshot.
U.S. storage stocks opened lower on Oct. 8, according to market data from BIT (bit.com). Micron was down 0.96%, SanDisk fell 1.40%, SK Hynix slipped 0.89%, Western Digital lost 1.28%, and Seagate Technology dropped 1.74% in early trading.
Optical communication stocks also opened broadly lower. Lumentum fell 3.76%, Corning declined 3.46%, Coherent dropped 4.51%, Applied Optoelectronics lost 4.95%, Ciena fell 2.59%, Broadcom was down 1.35%, and Marvell Technology slipped 2.64%.
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