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US stocks opened with optical communication concept stocks broadly declining, with AAOI, LITE, and COHR falling over 1%.
BlockBeats news, July 2, according to BIT (bit.com) market data, optical communication concept stocks mostly fell at the opening of the U.S. stock market:
The pure photonics ETF FOTO fell 1.62%;
Huang Renxun's touted stock, Marvell Technology (MRVL), fell 0.07%, with Huang previously calling it the next trillion-dollar 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%.