US Optical-Communication Stocks Slide Broadly; LITE Leads Losses With 5.54% Drop

On August 10, US optical communication stocks fell across the board, according to market data from BIT (bit.com). Corning declined 1.22%, Nokia slipped 1.14%, AAOI dropped 2.26%, LITE tumbled 5.54% to lead the losses, MRVL edged down 0.14%, and POET fell 2.19%. The broad-based decline reflects a weak session for the optical communication sector in the US equity market.