Optical Communication Stocks Rally With Applied Optoelectronics up 8%
Optical communication stocks rallied in morning trading. $Applied Optoelectronics(AAOI)$ rose 8%; $Lumentum(LITE)$ rose 7%; $Ciena(CIEN)$ rose 6%; $Coherent(COHR)$ and $Semtech(SMTC)$ rose 5%; $Corning(GLW)$ rose 4%.