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Lumentum Shares Fall Nearly 9% as Optical Stocks Decline

At a 9:47 a.m. ET snapshot on Nov. 5, AAOI was down more than 11%, while Coherent and Corning also fell.

Fiber-optic strands beside descending red glass bars / TokenPost.ai
Fiber-optic strands beside descending red glass bars / TokenPost.ai

A morning snapshot showed losses across U.S. optical communications stocks on Nov. 5, led by a decline of more than 11% for AAOI.

At 9:47 a.m. ET (14:47 UTC), Lumentum was down nearly 9%. Coherent fell more than 7%, while Corning slipped nearly 7%.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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