Lumentum stock nears $400 as jobs report week looms — here’s what investors watch next
Lumentum shares closed up 4.75% at $386.11 Friday, trading near their 52-week high of $401.60. Volume reached about 2.82 million shares. Peers Coherent and Ciena also posted gains above 5%. Investors await U.S. payrolls data Jan. 9 and CPI Jan. 13, which could affect tech hardware stocks.