Photonics Stocks Rise 1.3%-3.3% Overnight After Tuesday's 7%-10% Selloff Amid Fed Rate Decision

According to Stocktwits data, five photonics stocks—Applied Optoelectronics (AAOI), Lumentum Holdings (LITE), Coherent (COHR), POET Technologies (POET), and Marvell Technology (MRVL)—rose between 1.3% and 3.3% in overnight trading on June 17-18, rebounding after sharp declines on Tuesday when AAOI fell 10.8%, LITE dropped 8.5%, COHR slid 7.2%, and MRVL declined 9.8%.

The rebound reflects persistent demand for optical networking components as hyperscalers increase spending on optical transceivers and fiber-optic cabling to resolve AI data center bottlenecks. Stocktwits sentiment for AAOI shifted to 'bullish' from 'neutral,' though sentiment remained 'bearish' for COHR and POET. The moves come ahead of the Federal Reserve's interest-rate decision expected Wednesday.