LITE · NASDAQ
LITE · NASDAQ
840.73 USD
-78.80 (-8.57%)
Lumentum fell 6% pre-market as optical peers COHR, FN and AAOI also sold off and Nasdaq futures dropped sharply. The move came amid a broad technology risk-off session after Alphabet's disappointing search and advertising results weighed on AI-related sentiment, while Lumentum's Marvell acquisition speculation remained an ongoing backdrop. source A large LITE put purchase added to trading attention around the rumored transaction. source
Lumentum fell 6% pre-market as optical peers COHR, FN and AAOI also sold off and Nasdaq futures dropped sharply. The move came amid a broad technology risk-off session after Alphabet's disappointing search and advertising results weighed on AI-related sentiment, while Lumentum's Marvell acquisition speculation remained an ongoing backdrop. source A large LITE put purchase added to trading attention around the rumored transaction. source