Optical Cable Corporation shares fall 1.66% after-hours as Hexatronic reports weak demand in Fiber Solutions.

Optical Cable Corporation declined 1.66% in after-hours trading. The company's stock price movement aligns with the news that Hexatronic, a fiber communications company, reported a decline in revenue and operating profit for the second quarter, with weak performance in its Fiber Solutions division negatively impacting both revenue and EBITA. The company's CEO also stated that the market for Fiber Solutions in Europe is expected to remain subdued through 2025.