On Tuesday, shares of optical communication companies experienced a broad decline, with Lumentum Holdings Inc. falling more than 5%, while Credo Technology slipped nearly 5%. Applied Optoelectronics and POET Technologies each dropped over 4%, and Nokia declined by nearly 3%.
Additionally, Coherent traded down more than 2%, Marvell Technology fell close to 2%, and Corning decreased by over 1%.
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