“New Stock God” Serenity: The current photon market sell-off is primarily driven by follower-style algorithmic trading.

Serenity stated that the current sell-off in the photonics market is primarily algorithmic “follow-the-leader” selling. The stock movements of most laser- and optics-related companies—from AAOI to SIVE—appear to be tied to LITE’s performance, even though fundamentals are improving for some companies, such as discussions linking AOI with AMD and NVDA.