Fiber Optic Stocks Plunge 6-9% at US Open, FOTO ETF Drops 5.7%
2026-06-26 21:40

Woofun AI data shows that U.S. optical communication stocks experienced a synchronized decline at the market open. The Pure Photonic ETF (FOTO) fell by 5.7%. Marvell Technology (MRVL) dropped by 6.1%, while Applied Optoelectronics (AAOI) decreased by 7.1%. Lumentum Holdings (LITE) saw the steepest drop at 8.86%, with Coherent Corp. (COHR) down 8.4% and Ciena Corporation (CIEN) falling 4.75%.

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Huang Renxun
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