U.S. crypto-related stocks broadly declined in pre-market trading, while most optical communications stocks rose, and semiconductor and memory stocks were mixed
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AT A GLANCE
October 16 In U.S. pre-market trading, crypto-related stocks declined, most optical communications stocks rose, and semiconductor and memory stocks were mixed.
Article
U.S. crypto-related stocks broadly declined in pre-market trading, while most optical communications stocks rose, and semiconductor and memory stocks were mixed
BlockBeats reported,October 16, according to BIT(bit.com) market data, U.S. crypto-related stocks declined in pre-market trading, most optical communications stocks rose, and semiconductor and memory stocks were mixed, including:
Among U.S. semiconductor and memory stocks:
Seagate Technology (STX) fell 0.16%;
Western Digital (WDC) fell 1.20%;
SanDisk (SNDK) fell 1.69%;
Micron Technology (MU) fell 1.53%;
NVIDIA (NVDA) rose 0.41%;
Intel (INTC) fell 0.73%;
Advanced Micro Devices (AMD) fell 1.58%.
Among crypto-related stocks:
Strategy (MSTR) fell 2.66%；
Coinbase（COIN) fell 1.15%；
Circle（CRCL) fell 1.81%；
BitMine Immersion（BMNR) fell 0.92%；
SharpLink Gaming（SBET) fell 1.34%.
Among optical communications-related stocks:
Marvell Technology (MRVL) fell 0.85%；
AAOI(Applied Optoelectronics) rose 2.11%；
LITE(Lumentum Holdings) rose 0.80%；
COHR（Coherent Corp.) rose 1.25%；
CIEN(Ciena Corporation) rose 1.20%；
AXTI（AXT Inc.) rose 0.74%.
Original link https://m.theblockbeats.info/flash/372218
Key points
01
BlockBeats stated that, according to BIT(bit.com) market data,October 16 U.S. crypto-related stocks declined in pre-market trading.
02
Most optical communications stocks rose, while semiconductor and memory stocks were mixed.
Marvell Technology (MRVL) fell 0.85%；AAOI(Applied Optoelectronics) rose 2.11%；LITE(Lumentum Holdings) rose 0.80%；COHR（Coherent Corp.) rose 1.25%；CIEN(Ciena Corporation) rose 1.20%；AXTI（AXT Inc.) rose 0.74%。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Pre-market is the trading session before the official opening of the U.S. stock market. The data show that all listed crypto-related stocks declined; most optical communications stocks rose; and semiconductor and memory stocks included both gainers and losers.
Why it matters to readers
This reflects October 16 the directions of gains and losses across different related sectors in U.S. pre-market trading, but does not represent performance after the official market open.
Beginners can first assess the overall direction of each sector, then review individual stock gains and losses, while noting that pre-market data may differ from the regular trading session.
Risks and unknowns
The information only describes market performance at a single point in U.S. pre-market trading and does not indicate performance after the official open.
The original article does not clearly explain a common reason for the gains and losses in these sectors.
The market data were relayed by BlockBeats BIT from (bit.com) data; the specific data source and statistical methodology still require verification.
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premarket
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