Lumentum Holdings Inc. (LITE) Soars 2.42%

Lumentum Holdings Inc. (LITE) Soars 2.42%

Lumentum Holdings Inc. is a Lumentum Holdings Inc is a California-based technology firm.

Lumentum Holdings Inc. (LITE) had a good day on the market for Monday December 07 as shares jumped 2.42% to close at $91.47. About 838,695 shares traded hands on 11,856 trades for the day, compared with an average daily volume of n/a shares out of a total float of 75.5 million. After opening the trading day at $89.22, shares of Lumentum Holdings Inc. stayed within a range of $91.76 to $89.15.

With today’s gains, Lumentum Holdings Inc. now has a market cap of $6.91 billion. Shares of Lumentum Holdings Inc. have been trading within a range of $96.74 and $59.07 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Lumentum Holdings Inc is a California-based technology firm. Lumentum provides two types of optical and photonic products: optical components that are used in telecommunications networking equipment, and commercial lasers for manufacturing, inspection, and life-science lab uses. Its segments are OpComms and Lasers. The firm is also expanding into new optical applications, such as 3-D sensing laser diode for consumer electronics.

Lumentum Holdings Inc. is based out of San Jose, CA and has some 5,473 employees. Its CEO is Alan S. Lowe.

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