At the opening of the US stock market, optical communication concept stocks mostly fell, with AAOI, LITE, and COHR dropping over 1%.
BlockBeats news, on July 2, according to BIT (bit.com) market data, US stock market opened with a broad decline in optical communication concept stocks:
Photonics ETF FOTO fell 1.62%;
Jensen Huang’s endorsed stock Marvell Technology (MRVL) fell 0.07%. Previously, Huang called it the next $1 trillion market cap company;
AAOI (Applied Optoelectronics) fell 1.62%;
LITE (Lumentum Holdings) fell 1.39%;
COHR (Coherent Corp.) fell 1.68%;
CIEN (Ciena Corporation) fell 2.21%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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