Story preview
Continue reading on the publisher site for the full article.
News Atlas is free and independent. If it’s useful to you, you can support it with a coffee. ☕ Buy me a coffee
Coverage
Tone
Outlets covering it
11
in the last 3 days
First reported
2 days ago
10 outlets since
Countries
10 other outlets reported this story in the last 3 days.
On October 01, 2026, Lumentum Holdings Inc (LITE) shares rose 7.7%, continuing a strong performance characterized by a 52-week range between $147.81 and $1085.6
Lumentum benefited from institutional demand for artificial intelligence optical networking infrastructure.The company reported an annual revenue of $3.01B and net profit of $-6.94B.Analysts issued Buy ratings with an average price target of $1128.85.
Morgan Stanley Smith Barney is the listed broker. The performance shares were acquired August 17, 2026; the proposed sale date is approximately October 1.