Coherent Surges Over 6% Leading U.S. Optical Comms Rally

U.S. optical communications equities reversed early losses to post gains, with Coherent leading the rebound at over 6%, while Lumentum and Ciena rose more than 2%.

Woofun AI data shows that U.S. optical communications stocks opened lower before staging a rally. Coherent led the sector with a gain of over 6%, while Lumentum and Ciena each rose by more than 2%, and Marvell Technology advanced by over 1%.