Lumentum Holdings Inc. (LITE): Trump News

LITE – Optical stocks higher after President Trump indicated openness to working with Chinese telco hardware maker ZTE.

Key Facts Surrounding This News Item

  • LITE had a POWR Rating of B (Buy) coming into today.
  • LITE was 6.18% above its 10-Day Moving Average coming into today.
  • LITE was 8.82% above its 20-Day Moving Average coming into today.
  • LITE was 0.77% above its 50-Day Moving Average coming into today.
  • LITE was 9.95% above its 100-Day Moving Average coming into today.
  • LITE was 10.75% above its 200-Day Moving Average coming into today.
  • LITE had returned +29.04% year-to-date leading up to today’s news, versus a +2.65% return from the benchmark S&P 500 during the same period.

More Info About Lumentum Holdings Inc. (LITE)

Lumentum Holdings Inc. manufactures and sells optical and photonic products for optical networking and commercial laser customers worldwide. It operates in two segments, Optical Communications and Commercial Lasers. The company was established in 2015 and is based in Milpitas, California. View our full LITE ticker page with ratings, news, and more.

LITE at a Glance

LITE Current POWR Rating™
Overall POWR Rating™
LITE Current Price $46.00 0.68%
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LITE Price Reaction

The day of this event (May. 14, 2018)
LITE Closing Price$64.50 2.22%
LITE Volume1,963,100
7.22% from avg
Leading up to this event
LITE 1-mo returnN/A%
After this event
LITE 1-day return0.71%
LITE 3-day return0.56%
LITE 5-day return0.96%

LITE Price Chart

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