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Applied Optoelectronics Sinks 16%, Coherent Tumbles 14% Despite Strong Outlook, Lumentum Plunges 13% as AI Optical Stocks Slide

Source: 247wallst.com

Artificial IntelligenceTechnology & InnovationCorporate EarningsMarket Technicals & Flows
Applied Optoelectronics Sinks 16%, Coherent Tumbles 14% Despite Strong Outlook, Lumentum Plunges 13% as AI Optical Stocks Slide

AI optical stocks fell for a second consecutive session despite strong earnings across the group. Applied Optoelectronics recently traded at $50, down 16%; the article gives no reason for the selling.

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