On July 22, Lumentum fell 3.34% in pre-market trading, trading at $814.99/share, with Turnover of $6.06 million.

Within the Communication Equipment sector where Lumentum belongs, the overall sector showed broad weakness. Among individual stocks, Ondas Holdings Inc. up 0%, Cisco down 0.8%, Applied Optoelectronics down 2.75%, Arista Networks down 0.56%, Nokia Oyj down 0.85%.

Lumentum Holdings Inc. is an industry-leading optical and photonic products supplier serving cloud and networking as well as industrial tech end-markets, benefiting from AI computing expansion-driven high-speed interconnect demand. The company's next earnings report is expected on August 11 after market close, with consensus EPS estimate of $2.62.

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