US stocks move differently | Optical communication concept stocks generally rise, Marvell Technology (MRVL.US) rose more than 9%

According to the app of Wisdom Finance, on Thursday, stocks related to optical communication concept generally rose, with Marvell Technology (MRVL.US) rising by over 9%, Astera Labs (ALAB.US) rising by over 8%, Tower Semiconductor (TSEM.US) rising by over 6%, Credo Technology (CRDO.US) rising by over 5%, Corning (GLW.US) rising by over 4%, and Himax Technologies (HIMX.US) rising by over 3%. On the news front, on June 18th, KeyBanc analyst John Vinh maintained a buy rating on Marvell Technology and significantly raised its target price from $260 to $385, with an increase of 48%, mainly based on the company's enduring growth opportunities in the data center field. In addition, Marvell Technology will officially be added to the S&P 500 index on June 22nd (next Monday), triggering passive allocation by index funds.