LITE · Lumentum Holdings Inc.

Lumentum Holdings Inc LITE

Designs and manufactures optical and photonic products for telecommunications networks and lasers for industrial and consumer applications.

Industry
Communications
Listed on
Nasdaq NMS
IPO
2015-07-23
Website
investor.lumentum.com

Daily brief

Lumentum drops as AI optical-networking stocks sell off

-9.92% to $835.03 from $927.03

What moved LITE

  • Shares fell about 9%.
  • The decline tracked Corning’s slide after its $2 billion at-the-market share-sale announcement rattled the AI optical-connectivity group.

Sources: 24/7 Wall St.

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