Optical Stocks Rally in US Pre-Market; Lumentum Up 8%, Coherent 5%, Marvell 3%
US optical communications stocks advanced in pre-market trading. Lumentum led with a gain of more than 8%, while Coherent rose over 5%. Marvell Technology and Corning also posted gains, with Marvell up more than 3% and Corning nearly 3%. The collective rise across these four companies underscores a positive tone for the optical sector as the regular session approaches. Trading volumes were not immediately available.
In US pre-market trading, optical communications stocks strengthened. Lumentum shares rose more than 8%, Coherent gained over 5%, Marvell Technology advanced more than 3%, and Corning added nearly 3%.