U.S. stocks opened broadly lower in the storage and optical communications sectors, with SanDisk down 1.4%
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AT A GLANCE
At the U.S. market open, multiple stocks in the storage and optical communications sectors fell.
Article
U.S. storage and optical communications stocks open lower; SanDisk falls 1.4%BlockBeats news,October 8, according to BIT(bit.com) market data, U.S. storage stocks broadly declined in early trading, with Micron down 0.96%, SanDisk down 1.40%，SK SK Hynix down 0.89%, Western Digital down 1.28%, and Seagate Technology down 1.74%.
U.S. optical communications stocks broadly declined at the open, with Lumentum down 3.76%, Corning down 3.46%, Coherent down 4.51%, Applied Optoelectronics down 4.95%, Ciena down 2.59%, Broadcom down 1.35%, and Marvell Technology down 2.64%.
Original link https://m.theblockbeats.info/flash/370843
Key points
01
U.S. storage stocks broadly lower at the open: Micron down 0.96%, SanDisk down 1.40%、SK; SK hynix down 0.89%, Western Digital down 1.28%, and Seagate Technology down 1.74%。
02
U.S. optical communications stocks broadly lower at the open: Lumentum down 3.76%, Corning down 3.46%, Coherent down 4.51%, Applied Optoelectronics down 4.95%, Ciena down 2.59%, Broadcom down 1.35%, and Marvell Technology down 2.64%。
03
The source of the information states that the data came from BIT(bit.com) market data.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a snapshot of U.S. market conditions during the opening phase, showing that most storage- and optical-communications-related stocks were down at that time.
Why it matters to readers
Most stocks in the sectors fell in tandem, indicating that the related stocks were generally weak at the open, but this does not represent the full-day trend.
“At the open” refers to the initial period after opening; the decline may widen, narrow, or reverse later in the trading day.
Risks and unknowns
The evidence does not state the specific reasons these stocks declined.
The evidence does not provide closing results, so it is impossible to determine whether the decline continued.
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Related concepts
Early trading
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