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US optical communication stocks rebound premarket; Marvell, Lumentum up over 7%

US optical communication stocks rebounded in premarket trading on November 6, reversing the previous session’s decline. Credo Technology, MaxLinear and Astera Labs each rose more than 8%, while Marvell Technology, Lumentum and AXT Inc gained over 7%. Coherent and Tower Semiconductor climbed more than 6%, Ciena added over 5%, and Corning and Broadcom were up more than 4%.

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