Lumentum stock sinks 5.5% Friday as Barclays lifts target; what to watch next week
New York, Jan 16, 2026, 20:06 EST — Market closed. Lumentum Holdings Inc (LITE.O) shares ended Friday down 5.6%, closing at $324.25. The stock gyrated between $317.44 and $354.00 during a volatile session. The pullback is significant since Lumentum serves as a high-beta proxy for optical gear spending, reacting sharply to even minor triggers—whether an analyst note, a conference headline,…