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Lumentum (LITE) Moves 4.2% Higher: Will This Strength Last?

Source: zacks.com

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Lumentum (LITE) Moves 4.2% Higher: Will This Strength Last?

Lumentum (LITE) shares surged in the latest session on above-average trading volume. However, the article cautions that the recent trend in earnings-estimate revisions may not support further near-term share-price gains, creating an uncertain outlook after the move.

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