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Lumentum Climbs 4% as the AI Optics Trade Extends a Second Session, Coherent and Applied Optoelectronics Drift
Source: 247wallst.com
Artificial IntelligenceMarket Technicals & FlowsInvestor Sentiment & Positioning
Lumentum (LITE) shares are up 4% to $918.10 midday Wednesday, extending aggressive buying for a second straight session. The move positions the stock as a standout in the AI optical connectivity trade, suggesting improving near-term momentum rather than new company fundamentals in the report.
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