U.S. Stock Market Sees Broad Rally in the Optoelectronics Sector, Lumentum and AAOI Surge Over 7%

BlockBeats News, July 23rd, according to BIT (bit.com) market data, the US stock photonic communication sector saw a broad rally. The pure-play photonics ETF FOTO and Corning rose over 3%, while Coherent and Ciena rose over 4%, and Lumentum and AAOI surged over 7%.

Correction/Report

RelatedRecommended

AAOI bucks the trend to surge over 10%, "Stock God" Serenity believes it could double again

$115 billion all-stock merger: why are Marvell and Lumentum both falling together?

No one questions the strategic complementarity; what the market refuses to pay for is the price, the stock-swap method, and the delivery window pushed to 2028.

Lumentum Revenue Surpasses $1 Billion, $7.1 Billion Loss Where Did It Come From

The AI Optical Interconnect Boom Ran Into a Convertible Bond Accounting Snag

Revenue Hits Record High, Why Has AAOI's Profit Not Kept Up

Revenue has made its way into the report, but expansion is still pulling cash to the other side of profit.

Influencer Agency Battles Market Guru, Shattering CPO's Report: What Investment Targets Are Promising?

SemiAnalysis believes that CPO growth is about to slow down, a view that Serenity opposes.

On-Chain Activity