Optical Stocks Rally in US Overnight Trading; Lumen Up 5%, Atlassian Jumps 31%
Optical communication stocks showed strength in US overnight trading. Lumen Technologies rose more than 5%, Lumentum gained nearly 3%, and Coherent advanced over 2%.
Meanwhile, several companies with strong earnings posted significant gains. Atlassian climbed more than 31%, Cloudflare and Twilio each rose over 16%, and Airbnb gained more than 7%.