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Optics Stocks Rally on Sold-Out Optical Capacity Through Early 2029: Applied Optoelectronics and Lumentum Surge 7%, Coherent Climbs 5%

Source: 247wallst.com

Technology & InnovationCompany Fundamentals
Optics Stocks Rally on Sold-Out Optical Capacity Through Early 2029: Applied Optoelectronics and Lumentum Surge 7%, Coherent Climbs 5%

Optical component makers are rebounding after a sold-out demand signal from Lumentum spread across the group. Lumentum shares were at $1,117.71, up 7% in morning trading.

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