Pre-Market Decline in US Optical Communication Stocks, MRVL Down 2.92%
On July 1, according to BIT (bit.com) market data, US optical communication stocks experienced a general decline in pre-market trading. Specifically, the Pure Photonics ETF (FOTO) fell by 0.72%; Marvell Technology (MRVL), which Jensen Huang previously called the next trillion-dollar company, dropped by 2.92%; Applied Optoelectronics (AAOI) decreased by 1.83%; Lumentum Holdings (LITE) fell by 1.89%; Coherent Corp. (COHR) declined by 2.16%; and Ciena Corporation (CIEN) was down by 1.36%.
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