Why Lumentum Holdings Stock Leaped More Than 5% Skyward on Wednesday
Lumentum(LITE) The Motley Fool·2025-04-02 23:07Investors saw much to like with news coming from, and about, optical and laser technology specialist Lumentum Holdings (LITE 5.19%) on Wednesday. They bid the stock up by over 5% on the day, thanks in no small part to the company achieving a new speed benchmark and accompanying this with an update on the potential future of its business.Getting faster and (hopefully) richerLumentum and its business partner Keysight Technologies announced that morning that they would together demonstrate their optical techno ...