Lumentum stock slips in year-end trade; investors look to February results for next catalyst
NEW YORK, December 31, 2025, 19:26 ET — After-hours Lumentum Holdings Inc. shares fell 0.7% to close at $368.59 on Wednesday and edged up 0.06% in after-hours trading. Investing The late-year dip matters because Lumentum has become a high-beta way for investors to express a view on data-center networking demand, where expectations can swing quickly on budgets and supply. With thin liquidity typical into year-end, small order imbalances can drive outsized moves, especially in momentum-linked names. The next clear catalyst is timing: investors are shifting focus from tape-driven trading to the next round of quarterly results and early-January economic releases