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Lumentum Holdings Inc. (LITE)

913.95 +47.77 (+5.52%)
At close: October 28 at 4:00:01 PM EDT
943.02 +29.07 (+3.18%)
Overnight: 11:45:27 PM EDT
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Updated 43m ago
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Lumentum is benefiting from strong artificial-intelligence data-center demand, constrained optical-component supply, and a reported potential Marvell acquisition of rival Lumentum. The company’s latest guidance calls for $1.225 billion to $1.275 billion in fiscal first-quarter revenueand $4.05 to $4.35 in adjusted earnings per share, while valuation and customer concentration remain major risks.

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