Why Lumentum Stock Soared This Week
Shares of Lumentum (NASDAQ: LITE) surged more than 40% this past week, according to data from S&P Global Market Intelligence, after its quarterly earnings report was well-received by investors.
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Lumentum's revenue jumped 65.5% year over year to $665.5 million in its fiscal 2026 second quarter, which ended on Dec. 27.
Source Fool.com
