U.S. Optical Comms Sector Leads Open, MRVL Surges 5%, LYTE ETF Up 3.53%

U.S. optical communications stocks led market gains at open. Avago Technologies surged 5%, while Roundhill Optical Modules ETF rose 3.53% and Coherent climbed 3.54%.

Woofun AI data shows that the U.S. optical communications sector spearheaded market gains at the opening on August 17. Avago Technologies (MRVL) led individual movers with a 5% increase, while Coherent (COHR) rose 3.54% and the Roundhill Optical Modules ETF (LYTE) climbed 3.53%. Corning (GLW) gained 1.34%, whereas Ciena Corporation (CIEN), Pure Photonics ETF (FOTO), and Lumentum Holdings (LITE) posted smaller advances of 0.75%, 0.73%, and 0.7% respectively.