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U.S. optical communications stocks plunge at open, Corning drops over 9%

  • Corning and other U.S. optical communications stocks fell sharply at the open.
  • Corning dropped over 9%, while Marvell Technology, Lumentum and Coherent fell over 8%.
  • ServiceNow, Adobe, Salesforce and Microsoft rose as software shares moved higher.

U.S. optical communications stocks fell sharply at the market open, with Corning down more than 9%. Marvell Technology, Lumentum and Coherent each dropped more than 8%, while Credo and Ciena declined more than 6%, according to MSX.COM data. Software shares moved in the opposite direction: ServiceNow rose more than 5%, Adobe gained nearly 4%, Salesforce climbed nearly 3%, and Microsoft edged higher.

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U.S. optical communications stocks plunge at open, Corning drops over 9% - CoinPost Terminal