Stock Track | Lumentum Soars 5.08% on Strong Earnings Beat and Upgraded Guidance

Stock Track

02/09

Lumentum Holdings Inc. (LITE) stock surged 5.08% during the night session, continuing its positive momentum from the previous trading week.

The company's strong performance follows better-than-expected second-quarter financial results and third-quarter guidance that exceeded analyst estimates. Additionally, multiple financial firms raised their price targets on Lumentum stock, reflecting increased confidence in the company's outlook.

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(LITE) stock surged 5.08% during the night session, continuing its positive momentum from the previous trading week.</p><p>The company's strong performance follows better-than-expected second-quarter financial results and third-quarter guidance that exceeded analyst estimates. 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