U.S. Optical Module Stocks Surge Premarket on June 2; AAOI Up 7.39%, LITE Gains 8.2%

According to BlockBeats, on June 2 premarket, multiple U.S. optical module stocks surged broadly. AAOI (Applied Optoelectronics) jumped 7.39% with stock price approaching $200, while LITE (Lumentum Holdings) gained 8.2% surpassing $980. COHR (Coherent Corp.) rose 5.78% past $383, NOK (Nokia) climbed 4.9%, CIEN (Ciena Corporation) advanced 3.89%, FN (Fabrinet) gained 4.1%, and AXTI (AXT Inc.) surged 8.3%.

The newly launched FOTO photonics-focused ETF also rallied, up 5.29%.

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