US Stock Market Move | Shares of optical communication concept stocks generally fell, with Lumentum (LITE.US) down over 5%.
On Tuesday, the optical communication concept stocks fell broadly, with Lumentum (LITE.US) dropping over 5%.
On Tuesday, stocks related to optical communication fell broadly, with Lumentum (LITE.US) down more than 5%, Credo Technology (CRDO.US) down nearly 5%, Applied Optoelectronics (AAOI.US) and POET Technologies (POET.US) down over 4%, Nokia Oyj Sponsored ADR (NOK.US) down nearly 3%, Coherent (COHR.US) down over 2%, Marvell Technology, Inc. (MRVL.US) down nearly 2%, and Corning Inc (GLW.US) down over 1%.
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Soochow International: First Initiates Buy Rating for SEER TECH (06106), Target Price HKD 100.55
HK Stock Market Move | LI AUTO-W (02015) rose by over 3% and plans to strategically invest 2.65 billion yuan in Sunwoda Electronic.
HK Stock Market Move | HAICHANG HLDG (02255) fell more than 12% and has been removed from the Hong Kong Stock Connect list starting today. The company's losses for the first half of the year expanded to 332 million yuan compared to the same period last year.
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