Lumentum Holdings Inc
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Information Technology : Communications Equipment | Small Cap Blend
Company profile

Lumentum Holdings Inc. is a provider of optical and photonic products. The Company operates through two segments: Optical Communications (OpComms), and Commercial Lasers (Lasers). Its OpComms products segment includes a range of components, modules and subsystems to support customers, including carrier networks for access (local), metro (intracity), long-haul (city-to-city and worldwide) and submarine (undersea) applications. Additionally, its products address enterprise, cloud, and data center applications, including storage-access networks (SANs), local-area networks (LANs) and wide-area networks (WANs). Its Lasers products are used in a variety of original equipment manufacturers (OEMs) applications, including diode-pumped solid-state, fiber, diode, direct-diode and gas lasers such as argon-ion and helium-neon lasers. The Company also provides high-powered and ultrafast lasers for the industrial and scientific markets.

Price
Delayed
$86.09
Day's Change
0.58 (0.68%)
Bid
--
Ask
--
B/A Size
--
Day's High
86.55
Day's Low
84.19
Volume
(Average)

Today's volume of 516,522 shares is on pace to be in-line with LITE's 10-day average volume of 707,313 shares.

516,522

EV maker Lucid's stock rallies to best in eight months

5:28 pm ET October 28, 2021 (MarketWatch)
Print

Shares of Lucid Group Inc. (LCID) rose 31% to close at $35.48 on Thursday, their highest close since Feb. 22, when it closed at $57.37, and their largest one-day percentage increase since Feb. 16, when it rallied 32%. Lucid earlier this week announced that deliveries of its first "dream edition" Lucid Air electric luxury sedans will begin on Saturday. Lucid started production at its factory in Casa Grande, Ariz., last month. The electric sedans start at $77,400, but the top-of-the-line trim starts at about $170,000. Lucid shares have more than tripled this year, compared with gains of around 22% for the S&P 500 index.

-Claudia Assis

	

(END) Dow Jones Newswires

October 28, 2021 17:28 ET (21:28 GMT)

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