US Stocks Open: Fiber Optic Stocks Plunge as a Whole, MRVL, AAOI, LITE Down Over 6%

BlockBeats News, June 26th, according to Bitget market data, U.S. stock opening, optical communication concept stocks experienced a general decline, including:

Pure Photonic ETF FOTO dropped by 5.7%;

Huang Renxun recommended the stock Marvell Technology (MRVL), which dropped by 6.1%. Previously, Huang referred to it as the next $1 trillion market cap company;

AAOI (Applied Optoelectronics) dropped by 7.1%;

LITE (Lumentum Holdings) dropped by 8.86%;

COHR (Coherent Corp.) dropped by 8.4%;

CIEN (Ciena Corporation) dropped by 4.75%.