Optical communication stocks rise in pre-market trading, MRVL up 6.24%

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Optical communication stocks experienced strong trading activity in pre-market trading on July 21, with several key names rising sharply. MRVL surged 6.24%, followed by AAOI up 5.07%, LITE up 5.15%, and COHR up 5.23%. FOTO climbed 3.81%, while CIEN added 3.94%. Trading volume in the sector rose notably, reflecting heightened interest. The upward trend suggests continued momentum in the optical technology space.

Huo Xing Finance reports that on July 21, according to BIT (bit.com) market data, pre-market trading in U.S. optical communication stocks saw broad gains: Pure Photonics ETF FOTO rose 3.81%; Marvell Technology (MRVL) increased 6.24%; AAOI (Applied Optoelectronics) gained 5.07%; LITE (Lumentum Holdings) rose 5.15%; COHR (Coherent Corp.) climbed 5.23%; and CIEN (Ciena Corporation) advanced 3.94%.

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