Why Lumentum’s stock led the S&P 500 higher on Monday

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Lumentum Holdings was among the top gainers in the S&P 500 on Monday as optical stocks recovered from the previous week’s declines. Its shares, LITE, rose 8.2% at the close, while fellow optical connectivity maker Coherent gained 5.8% and Ciena advanced 4.9%. The recovery followed Anthropic’s IPO filing and other positive news for the sector.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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