Why Lumentum Holdings Stock Bounced 5% Higher Today

Not for the first time this young month, Lumentum Holdings (LITE 5.07%) was a highflier on the stock exchange Monday. Shares of the optical electronics specialist closed the day more than 5% higher in price, thanks to two bullish new analyst notes -- one of which involved a recommendation upgrade. The stock's rise provided a welcome contrast to the S&P 500 index, which fell by 0.2%.A pair of positive punditsOf the two new pundit publications, it was naturally the one with the upgrade that had the greater im ...