Optical communication stocks rally on Wednesday; Ciena surges over 9%

Stock News08-12 22:22

Ciena (CIEN.US) shares surged more than 9% in Wednesday trading, leading a broad rally among optical communication stocks.

Other notable gainers included Lumentum (LITE.US), which advanced over 6%, and Coherent (COHR.US), which climbed more than 4%. Credo Technology (CRDO.US) rose over 5%, while Marvell Technology (MRVL.US) and Corning (GLW.US) each gained more than 5%.

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