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NASDAQ:LITE News 2 January 2026 - 14 January 2026

Lumentum stock drops 5% in late morning trade as AI optics bets cool ahead of earnings

Lumentum stock drops 5% in late morning trade as AI optics bets cool ahead of earnings

Lumentum Holdings shares fell 5.4% to $332.28 Monday, underperforming a flat U.S. market. The drop followed news that chief accounting officer Matthew Sepe will step down in early February, with Eric Chang set to replace him. Investors are awaiting Lumentum’s Feb. 3 earnings report and conference call. The stock touched an intraday low of $323.24.
12 January 2026
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Lumentum stock slips in choppy trade as Wall Street lifts targets to $455-$470

Lumentum stock slips in choppy trade as Wall Street lifts targets to $455-$470

Lumentum shares fell 2.4% to $339.88 by early afternoon Friday after volatile trading this week. Mizuho and Needham raised price targets on expectations of strong AI data-center optics demand. Investors await Lumentum’s Feb. 3 earnings for signals on cloud infrastructure spending. Chief accounting officer Matthew Sepe will retire after the next quarterly report, with Eric Chang set to replace him.
9 January 2026
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Ciena stock tumbles 14% as AI-networking names retreat — what investors watch next

Ciena stock tumbles 14% as AI-networking names retreat — what investors watch next

Ciena shares fell 14% to $222.73 Thursday after an early spike to $260, with about 2.8 million shares traded by early afternoon. Lumentum dropped 11% and Coherent 9% as tech stocks slid ahead of Friday’s U.S. jobs report. CEO Gary Smith sold 83,552 shares on Jan. 5 at an average $229.44. Ciena will present at the Needham Growth Conference on Jan. 13.
8 January 2026
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Lumentum (LITE) stock plunges 11% as AI-optics names slide despite Needham’s $470 target

Lumentum (LITE) stock plunges 11% as AI-optics names slide despite Needham’s $470 target

Lumentum shares fell 10.9% to $350.22 Thursday after hitting $399.88 earlier, with over 11 million shares traded by early afternoon. Needham raised its price target to $470, naming Lumentum a 2026 “top pick.” The drop followed a sharp rally and coincided with declines in Coherent and Ciena. Investors await Friday’s U.S. jobs report and Lumentum’s Feb. 3 earnings.
8 January 2026
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Lumentum (LITE) stock sinks 11% as AI-optics rally breaks despite Needham target hike

Lumentum (LITE) stock sinks 11% as AI-optics rally breaks despite Needham target hike

Lumentum Holdings shares fell 10.7% to $351.00 Thursday, after swinging between $399.88 and $343.41 as AI-linked hardware stocks dropped. Needham raised its price target to $470 and kept a Buy rating. Traders are watching Friday’s U.S. jobs report and Lumentum’s Feb. 3 earnings for direction. Ciena, Coherent, and Applied Optoelectronics also declined.
8 January 2026
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Lumentum stock spikes 11% as AI data-center trade rebounds; Feb. 3 earnings loom

Lumentum stock spikes 11% as AI data-center trade rebounds; Feb. 3 earnings loom

Lumentum shares jumped 11.3% to $397.42 in after-hours trading Tuesday, tracking gains in AI data-center stocks. The company will report fiscal Q2 results and hold a conference call on Feb. 3. A new SEC filing said chief accounting officer Matthew Sepe will retire after the 10-Q filing, with Eric Chang named as successor.
7 January 2026
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Lumentum stock whipsaws as accounting chief retirement, Feb. 3 earnings date draw focus

Lumentum stock whipsaws as accounting chief retirement, Feb. 3 earnings date draw focus

Lumentum Holdings shares rose 5.2% to $375.69 in Nasdaq midday trading Tuesday after swinging between $340.46 and $377.65. The company said Chief Accounting Officer Matthew Sepe will retire after the Feb. 6 filing of its quarterly report, with Eric Chang named as successor. About 3.1 million shares traded by midday. Lumentum will release fiscal second-quarter results on Feb. 3.
6 January 2026
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Lumentum stock slides 8% as optics peers stumble; investors eye February earnings update

Lumentum stock slides 8% as optics peers stumble; investors eye February earnings update

Lumentum Holdings shares dropped 7.6% to $356.69 Monday afternoon, leading declines among optical networking stocks as Coherent, Ciena, and Applied Optoelectronics also fell. The selloff followed a sharp rally that brought Lumentum near its December peak, with trading volume at 4.9 million shares by 3:24 p.m. EST. Investors are watching upcoming earnings and industry events for signs of continued AI-driven demand.
5 January 2026
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Lumentum stock rises 4% as AI data‑center optics rally kicks off 2026

Lumentum stock rises 4% as AI data‑center optics rally kicks off 2026

Lumentum shares climbed 4.3% to $384.31 Friday afternoon, outperforming the broader market as optical and AI hardware stocks rallied. The stock traded between $374.87 and $391.92 during the session. Sector peers Coherent and Ciena also posted gains. Traders are watching for upcoming U.S. jobs and inflation data next week.
2 January 2026
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Stock Market Today

Netflix stock price ends higher as DOJ widens review of Warner deal — what to watch next week

Netflix stock price ends higher as DOJ widens review of Warner deal — what to watch next week

7 February 2026
Netflix shares rose 1.6% to $82.20 Friday as the Justice Department expanded its antitrust review of the company’s planned $82.7 billion Warner Bros Discovery acquisition. A Wall Street Journal report said investigators are probing possible anti-competitive tactics. Director Reed Hastings reported a transfer of 241,944 shares via a family trust, according to an SEC filing.
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