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Optical Communications and Storage Stocks Extend Declines on June 29, Shift Toward Smaller-Cap Names

2026-06-29 14:05:39

According to Bitget data reported by BlockBeats, optical communications and storage stocks extended declines following U.S. market open on June 29, with SNDK down 7.88%, COHR down 7.77%, Micron down 6.43%, LITE down 5.85%, and MRVL down 4.11%. Meanwhile, smaller-cap names showed relative resilience, with NBIS gaining over 6% intraday and ALAB rising 3%.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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