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NASDAQ:MTCH 9 March 2026

Lumentum Holdings Stock Jumps as S&P 500 Addition Extends Nvidia-Linked AI Optics Rally (News Release Archive)

Lumentum Holdings Stock Jumps as S&P 500 Addition Extends Nvidia-Linked AI Optics Rally (News Release Archive)

Lumentum shares rose 10.6% to $617.81 in New York trading after S&P Dow Jones Indices said it will add the company to the S&P 500 on March 23. The move follows Nvidia’s $2 billion investment and a multiyear purchase agreement announced last week. Peers Coherent and Vertiv also gained. Lumentum reported second-quarter revenue up 65.5% to $665.5 million and forecast third-quarter revenue of up to $830 million.

Stock Market Today

  • Green Plains (GPRE) Valuation Under Spotlight After Sharp Share Gains
    March 29, 2026, 10:00 PM EDT. Green Plains (GPRE) shares surged 23.02% in 30 days and 71.47% over 90 days, with a 1-year total return of 247.53%, outpacing longer-term returns. Trading at $16.89, the stock appears 20.6% overvalued against a narrative fair value of $14, based on growth and margin assumptions tied to government incentives like the 45Z clean fuel tax credit. However, a discounted cash flow (DCF) model suggests a fair value as high as $167.56, indicating potential market skepticism. Investors face contrasting views amid risks including carbon credit policy shifts and ongoing operational losses. Careful analysis of Green Plains' fundamentals and policy environment is advised before making decisions.
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