
MSX.COM data showed early weakness across the U.S. optical communications segment, with Lumentum and Marvell Technology down more than 2% and Corning off more than 1%.
U.S. optical communications stocks moved lower at the start of trading, led by a drop of more than 3% in Coherent. Lumentum and Marvell Technology each fell more than 2%, while Corning declined more than 1%, according to MSX.COM data. The moves point to broad early-session weakness in the sector rather than a single-stock decline.