US optical communication stocks fall premarket; Marvell down over 4%, Lumentum over 3%

Cointime reports: US optical communication stocks fell collectively in premarket trading on November 5, extending the previous session’s losses. AXT Inc dropped more than 5%, while MaxLinear, Astera Labs, Credo Technology and Marvell Technology each fell over 4%. Lumentum, Corning and Fabrinet were down more than 3%.