Nokia led the companies covered in a U.S. premarket snapshot for Monday, Oct. 26, gaining 3.59% as chip, storage and communications shares moved higher before regular trading.
SK hynix advanced 3.11% in the same snapshot. Micron was higher by 2.45%, while Coherent's increase was 2.38%. Those were the next-largest gains after Nokia among the companies covered.
SanDisk led the storage names at 2.24%. Seagate Technology gained 1.59%, while Western Digital was up 1.17%. Lumentum advanced 2.07%, and Applied Optoelectronics rose 2.06%.
Across the other communications companies, the reported increases ran from 1.17% for Corning to 1.91% for Ciena; Marvell Technology gained 1.53%, and Broadcom was up 1.33%.
An earlier EconoTimes premarket report on SK hynix and storage stocks recorded a 3.85% gain for SK hynix and a 3.56% rise for SanDisk. The current readings are percentages from before Monday's U.S. regular session began, not closing results.
