LITE - Lumentum Holdings Inc.
| Previous Close | 54.50 |
| Open | 54.61 |
| Bid | 53.76 x 800 |
| Ask | 53.77 x 900 |
| Day's Range | 53.73 - 54.82 |
| 52 Week Range | 37.00 - 69.95 |
| Volume | 1,168,355 |
| Avg. Volume | 1,643,430 |
| Market Cap | 4.107B |
| Beta (3Y Monthly) | 1.78 |
| PE Ratio (TTM) | 179.17 |
| EPS (TTM) | 0.30 |
| Earnings Date | Aug 6, 2019 - Aug 12, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 65.73 |
- Bloomberg•5 days ago
A $4.2 Billion Bid to Crash a Private Equity Party Fails
(Bloomberg Opinion) -- Just what is AMS AG up to?On Monday, the supplier to Apple Inc. made a short-lived, 3.7 billion-euro ($4.2 billion) effort to snatch Osram Licht AG from private equity firms Bain Capital and Carlyle Group LP, which had sewn up a lower-priced takeover of the German lighting-maker earlier this month.The abortive effort will underscore investor concerns about the company’s strategy under Chief Executive Officer Alexander Everke. The former NXP Semiconductors NV executive has spent billions of dollars trying to position AMS to capitalize on demand for new sensing technology used in the iPhone’s Face ID recognition system. But after his three years at the helm, the stock is trailing peers Finisar Corp. and Lumentum Holdings Inc.The flirtation with Osram was short and not particularly sweet. At 5:52 p.m. in London, Bloomberg News reported that AMS had made an offer for the Munich-based firm, some 11 days after Osram’s board accepted the private equity firms’ 3.4 billion-euro bid. Within 15 minutes, the target released a statement confirming it had received a non-binding offer from AMS. The company dismissed “the probability of this transaction materializing as rather low.” By midnight, AMS declared it was ending the takeover talks.Maybe the approach was an attempt to get a closer look at Osram’s books, or its 3-D sensing technology. If it was, then full credit to the lighting giant for calling Everke’s bluff, since financing for AMS’s bid wasn’t yet fully in place. While Osram said it would let the bidder perform due diligence, it was quick to emphasize that it could only do so under strict conditions.If it was a serious bid, then AMS shareholders have every right to feel bewildered. The target largely operates in the slowing automotive market, so would have hardly offset stagnating smartphone sales. Concern that the company may be more open to outsized and strategically questionable dealmaking than investors assumed helped to push the stock down by as much as 4.6% on Tuesday morning.Everke would have been asking for a lot of faith from investors to finance the deal. The company was planning to sell new stock – but would still have been left with net debt equivalent to about 27 times this year’s predicted free cash flow. This would have tried investor patience, which has already been sorely tested. AMS has spent $2 billion over three years buying companies and expanding production capacity to secure a dominant position supplying components for 3-D scanners in the latest generation of iPhones, only for sales of the handsets to promptly slow. AMS shares are 66% below their 2018 peak.In 2017, Everke predicted 2019 sales would exceed $2.7 billion, with an Ebit margin of at least 30%. After scrapping its dividend and year-ahead guidance figures in May, analysts now expect the company to report a 10% Ebit margin on sales of just $1.9 billion. Communication from management has been particularly poor, according to Hauck & Aufhaeuser Privatbank analyst Robin Brass.Everke’s short-lived move on Osram looks like a shot in the dark. If his big bet on smartphones isn’t paying off, he needs to shed some light on what his new strategy is.To contact the author of this story: Alex Webb at awebb25@bloomberg.netTo contact the editor responsible for this story: Edward Evans at eevans3@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Alex Webb is a Bloomberg Opinion columnist covering Europe's technology, media and communications industries. He previously covered Apple and other technology companies for Bloomberg News in San Francisco.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
- Simply Wall St.•10 days ago
Is Lumentum Holdings Inc. (NASDAQ:LITE) A Financially Sound Company?
Small-caps and large-caps are wildly popular among investors, however, mid-cap stocks, such as Lumentum Holdings Inc...
- MarketWatch•12 days ago
Optical networking stocks surge after Cisco's deal to buy Acacia
Optical networking products company stocks surged in premarket trading Tuesday, as Cisco Systems Inc.'s deal to Acacia Communications Inc. for a hefty premium provided a boost. Shares of NeoPhotonics Corp. jumped 7.0% ahead of the open, Applied Optoelectronics Inc. rallied 8.9%, Lumentum Holdings Inc. climbed 3.9%, II-VI Inc. advanced 3.3% and Finisar Corp. hiked up 2.9%. The gains bucked weakness in technology sector and the broader stock market, as futures for the technology-heavy Nasdaq 100 fell 0.3% and futures for the S&P 500 declined 0.3%. Acacia's stock rocketed 37% in premarket trading, while Cisco shares fell 1.3%.
- Motley Fool•15 days ago
Why Lumentum Holdings Stock Climbed 32% in June
Progress toward a trade deal bodes well for the optical equipment maker.
- MarketWatch•19 days ago
After early Huawei-related rally, dark cloud of reality rains on this stock
NeoPhotonics Corp. led optical-networking stocks higher on Monday, though the shares gave back more than half of their gains in the session.
- InvestorPlace•23 days ago
9 Augmented Reality Stocks to Buy
[Editor's note: This story was previously published in February 2019. It has since been updated and republished.]Augmented reality is quietly growing quickly. According to a report released last year, AR was worth $350 million in 2018, and its value is expected to surge at a compound annual growth rate of around 150% from 2019-2024. Among the areas in which AR is expected to be used in the near-future are social media, mobile devices, virtual conference calls, and automotive devices. * The 7 Top Small-Cap Stocks Of 2019 Here's a run-down of nine names investors will want to keep an eye on as the harbingers of the (fruitful and rapidly approaching) AR era.InvestorPlace - Stock Market News, Stock Advice & Trading Tips AR Stocks to Buy: Vuzix Corp (VUZI)Although the project was actively pursued by Alphabet Inc (NASDAQ:GOOGL) afterwards, the first go-around for Google Glass was pretty much a flop. The idea of projecting information onto glass a user/wearer is looking through, however, never really went away. It just has far more application as an industrial or commercial tool than it does for a consumer.Enter Vuzix Corp (NASDAQ:VUZI). You may know it as the company that developed an apparatus that helps blind people get around better. But products lite its M300 and Blade smart glasses were "built for enterprise." The company has quietly made a compelling case for using them as a means of getting more done in the workplace at a reasonable price… for a corporation. AR Stocks to Buy: QUALCOMM, Inc. (QCOM)Yes, it's best known as a telecom and semiconductor play and not often lumped in with a list of AR stocks. But, QUALCOMM, Inc. (NASDAQ:QCOM) is very well-positioned to capitalize on the mainstreaming of augmented reality.It's gone relatively unrealized (or at least unappreciated), but AR requires the delivery of massive amounts of data, and it requires plenty of computing power to deliver that information in real-time. AR glasses and goggles also burn through batteries relatively quickly. * The 7 Top Small-Cap Stocks Of 2019 QUALCOMM as addressing all three needs, announcing in 2018 that it would be developing a chipset specifically for AR and VR applications. This turn-key solution will make it easier for other developers to bring new glasses to the marketplace. AR Stocks to Buy: Lumentum Holdings Inc (LITE)If the name Lumentum Holdings Inc (NASDAQ:LITE) rings a bell, there's a reason. It's a stock that was thrust into the spotlight in the latter part of 2017 when Apple CEO Tim Cook began talking up augmented reality's prospects.Though he didn't explicitly say at the time how (or even if) Apple would aim at the AR market, nor did he mention Lumentum by name, the potentially-bullish connection makes a lot of sense. Lumentum makes the kind of 3D sensor lasers that can turn a smartphone into something of a radar -- an important piece of the augmented reality movement. AR Stocks to Buy: Apple Inc. (AAPL)Speaking of Apple Inc. (NASDAQ:AAPL), it, too, is a name to keep in mind if you believe augmented reality is a serious opportunity.Yes, its smartphones are powerful computers that seem to become more powerful with each iteration. That's not why the company is such an interesting AR prospect though. Rather, Apple is reportedly developing its own augmented reality headset, a la Google Glass. * The 7 Top Small-Cap Stocks Of 2019 The device likely wouldn't launch until 2021, according to Loup Ventures' Gene Munster. But the market rewards potential about as much as it does real results, so it's something that could begin to positively impact the stocks soon and continue as the presumed launch date nears. AR Stocks to Buy: Immersion Corporation (IMMR)Immersion Corporation (NASDAQ:IMMR) has earned a spot on a list of noteworthy AR stocks to watch with its TouchSense(r) Force technology that makes displays screens a tactile, haptic experience. It's been particularly impressive in the VR gaming world, but the possibilities are just now starting to be realized in full. AR Stocks to Buy: Axon Enterprise Inc (AAXN)Axon Enterprise Inc (NASDAQ:AAXN) isn't an augmented reality play… yet. But, it appears it soon will be. In 2018, the maker of TASERs and body-worn cameras suggested AR and VR would be its next frontier.It's not entirely clear what this might mean. But, given the nature of its target markets -- law enforcement and military personnel -- it's reasonably safe to assume the company is mulling ways to better protect and equip people that wear a uniform -- and a gun -- to work. * 9 Best Stocks to Buy on U.S.-China Trade Optimism A marketable product is still years away, but like any other company, the market is likely to reward progress en route to results. AR Stocks to Buy: Microsoft Corporation (MSFT)Don't get the wrong idea. Productivity software, the cloud and operating systems are still the company's break and butter, and will be for a long, long time. Microsoft Corporation (NASDAQ:MSFT) is wading into augmented reality waters, though, quickly enough that it just might make a modest impact on the stock's value.How so? The HoloLens. It's arguably the most market-ready, and marketable, AR/VR headset available today, even if interest has been tepid thus far.In May 2018, the software giant demonstrated two practical apps that make good use of the hardware: Layou, and Remote Assist. Layout allows for structural designing beyond mere blueprints, while Remote Assist shares what you see with people who aren't on-site.It may be just the 'aha' app that convinces companies they can't live without the HoloLens. AR Stocks to Buy Microvision, Inc. (MVIS)For the record, Microvision, Inc. (NASDAQ:MVIS) and Microsoft are two different companies. The aforementioned Microsoft is the maker of the HoloLens, which may be on the verge of becoming a must-have. Microvision's role in the augmented reality movement, however, it a little bit different. It's the maker of laser (and the supporting technologies) that can project images and data into glass.The most practical and tangible use of its PicoP(r) technology is the projection of the information normally found on a car's dashboard up to the windshield, allowing a driver to keep his or her eyes on the road. It's the same basic concept being used by Google Glass, Microsoft's HoloLens and the like though -- melding the benefits of a transparent material with valuable information overlaid. AR Stocks to Buy: NVIDIA Corporation (NVDA)Last but not least, it may be a tad obvious, but add NVIDIA Corporation (NASDAQ:NVDA) to your list of AR stocks to keep tabs on.NVIDIA has already proven itself capable of handling the big visual data loads associated with virtual reality; making augmented reality even better is proving relatively easily by comparison.One area it's making that happen is on the automotive front. Like Microvision, NVIDIA is working on improving the driving experience by melding AR with artificial intelligence. That's only a taste of what's to come though. While other companies are still perfecting their first-generation augmented reality hardware, NVIDIA is already thinking about the next generation of AR technologies. Two improvements on NVIDIA's radar are varifocal displays, which improve clarity of an object for a user, and the integration of tactile/haptic information with visually-augmented reality.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 7 Top Small-Cap Stocks Of 2019 * Critical Levels to Watch in 7 Marijuana Stocks * 5 Smaller Cloud Stocks That Have Plenty of Potential Compare Brokers The post 9 Augmented Reality Stocks to Buy appeared first on InvestorPlace.
- Simply Wall St.•26 days ago
Is Lumentum Holdings Inc. (NASDAQ:LITE) Potentially Undervalued?
Lumentum Holdings Inc. (NASDAQ:LITE), which is in the communications business, and is based in United States, received...
- Simply Wall St.•26 days ago
At US$50.78, Is It Time To Put Lumentum Holdings Inc. (NASDAQ:LITE) On Your Watch List?
Lumentum Holdings Inc. (NASDAQ:LITE), which is in the communications business, and is based in United States, received...
- Simply Wall St.•last month
Lumentum Holdings Inc. (NASDAQ:LITE): What Does Its Beta Value Mean For Your Portfolio?
Anyone researching Lumentum Holdings Inc. (NASDAQ:LITE) might want to consider the historical volatility of the share...
- TipRanks•last month
3 Mid-Cap Tech Stocks Primed for Gains
This week’s spotlight is Facebook (FB), as the company reveals its new cryptocurrency offering today (June 18, as I write this), and on the US Federal Reserve as the Board’s Federal Open Market Committee will conclude its regular policy meeting tomorrow with a much-anticipated position announcement on interest rates. Facebook’s news has been feeding grist to the rumor mills for nearly a year; the company’s white paper will separate facts from wishful thinking. The Fed has been holding rates steady since December last year; with week’s meeting, market watchers expect some guidance on future cuts.So, the big news is crowding the spotlights, which can make it difficult to see what the smaller guys are up to. But those smaller companies offer plenty in the way of market action. For investors willing to shoulder a bit of extra risk, the rewards can be compelling. We’ll use the TipRanks Trending Stocks data to look at three companies that Wall Street’s top analysts think are positioned for strong gains. Lumentum Holdings (LITE)Lumentum is leading provider of optical and photonic products for datacom, telecom, and commercial lasers. If you’re one of the 900 million iPhone users, then you’re familiar with Lumentum products – the company is a supplier of screen components for the popular smartphone.It’s prominent place in the tech ecosystem – Lumentum is also part of Huawei’s supply chain – has left the company vulnerable to the ‘China Contagion,’ the fallout from ongoing trade tensions between China and the US. The tech industry is generally is vulnerable to the trade spat, as the US is the world’s largest tech consumer and China is a massive exporter of tech products. Lumentum, with its exposure to both Apple (AAPL) and Huawei, is more vulnerable than most. Between May 14 and May 20, LITE shares lost almost 13% when the trade war flared up again.The company is not without hope, however. Writing from Goldman Sachs, analyst Rod Hall has run the numbers on a series of scenarios for LITE’s future. He took careful note of a “a worst-case earnings scenario that assumes 100% of Huawei related revenues are lost and Apple’s iPhone volumes end up being 20% lower than his below consensus estimates.”In that scenario, he described the downside as “…likely [to] deliver about $3.27 in FY (to June) EPS which implies a current forward trading PE of 13.2x vs. a recent historical median PE of 12.3x.”Hall continues, summarizing the case thus: “While acknowledging that a range of outcomes may exist outside our analysis, we highlight that even in our most bearish scenario the implied PE multiple is ~13x at current trading levels. This compares to Lumentum’s median multiple of ~16x since it started trading in 2015… We also flag again that we see our most bearish scenario as unlikely, given iPhone unit weakness is already built into our model. In our note published on May 20 we estimated ~34% of Huawei revenue is replaceable in our central case.”To put it plainly, Hall sees LITE’s vulnerabilities as known factors, which investors are already seeing and taking into account. His most bearish estimates, also, still show the company maintaining a profit. With that in mind, he gives LITE a ‘Buy’ rating and a $69 price target, suggesting a 39% upside.Wall Street’s analysts are in general agreement with Hall’s thesis. With a unanimous 15 buy ratings, LITE has a ‘Strong Buy’ from the analyst consensus. Shares trade for $49, so the average price target of $67 gives a 36% upside.View LITE Price Target & Analyst Ratings Detail RingCentral, Inc. (RNG)Cloud computing has revolutionized communications and networking technology, along with the software industry. Unified Communications as a Service (UCaaS) brings all three together, routing telephone, video links, and data communications through one server. RingCentral is a leader in the industry, with a reputation for reliability and trustworthiness.A strong position in a growing field have put RNG on firm footing. Last month, Oppenheimer analyst Brian Schwartz took note of the company’s “strong Q1 results, anchored by a record deal size, solid business metrics and higher 2019 growth outlook.” Schwartz added that he is “increasingly confident in the company's ability to grow its subscriptions business at Tier 1 rates, while improving operating margins with scale.” In light of that, he raised his price target on RNG shares by 11%, to $130, indicating an 10% upside potential.Writing earlier today, June 18, Needham’s Richard Valera gives RNG an even more bullish target of $140. He said that he “…sees the company deriving benefits from the continued shift from premises-based communications to the cloud as well as its strong product and superior execution.” With that foundation, Valera believes “RingCentral remains well positioned to grow its revenue and increase profitability.” His price target suggests an upside of 18%.RingCentral is another ‘Strong Buy,’ based on an analyst consensus of 9 buys and 1 hold. The average price target is $135; with a share price of $117, that gives an upside of 14%.View RNG Price Target & Analyst Ratings Detail Square, Inc. (SQ)Square has rapidly become a leader in online payment processing. The company’s products are a combination of software and small gadgets designed to conduct transactions from any mobile device. Small merchants can use Square’s reader to run charge cards from a smartphone, while businesses can use Square’s Stand to operate an iPad as a cash register. From a customer perspective it’s a clever idea, while for a small business owner it’s a money-saver.That’s the company’s foundation. Square hasn’t rested on it however; it has been promoting its Cash App for P2P money transfer, and last summer Square’s Cash App surpassed PayPal’s (PYPL) Venmo, its chief competitor, in total downloads. A key factor in the rapid growth of Square Cash is its no-nonsense approach to transactions; where Venmo has been plagued by privacy concerns stemming from its social media newsfeed, Square Cash avoided that pitfall by simply offering quick access to basic financial services.Nomura analyst Dan Dolev has been tracking Square Cash’s performance compared to Venmo, in his coverage of Square, Inc. Dolev notes an increase in Square Cash downloads last month, growing from 2 million in April to 2.2 million in May. According to Dolev’s data, Cash regularly has a monthly download advantage of 400K to 500K over Venmo. He gives SQ shares a ‘Buy’ rating and a $90 price target, based on his read of May’s optimistic data. His price target suggests an upside of 25% to the stock.Writing from Tigress Financial, five-star analyst Ivan Feinseth also sees strong growth potential in Square’s future. He gives the stock a ‘Buy’ rating, and explains: “The company is increasing its gross payment volumes and deepening its seller relationships to expand its customer service base… Square's ability to grow its ecosystem will continue to drive its growing return on capital and increasing economic profit.” Following his usual habit, Feinseth did not set a specific target price for SQ.Shares in Square have a ‘Moderate Buy’ from the analyst consensus, based on 13 buys and 9 holds given in the last three months. The upside potential of 18% is derived from a share price of $71 and an average price target of $85.View SQ Price Target & Analyst Ratings DetailLearn more about which stocks are hot with TipRanks' Trending Stocks tool. This market research tool shows the stocks which have attracted analyst attention in the last 3 days, making it easy to find that companies with the best growth potential. Visit the Trending Stocks tool now.
- Insider Monkey•last month
Here’s What Hedge Funds Think About Lumentum Holdings Inc (LITE)
Investing in small cap stocks has historically been a way to outperform the market, as small cap companies typically grow faster on average than the blue chips. That outperformance comes with a price, however, as there are occasional periods of higher volatility. The last 8 months is one of those periods, as the Russell 2000 […]
- Markit•last month
See what the IHS Markit Score report has to say about Lumentum Holdings Inc.
Lumentum Holdings Inc NASDAQ/NGS:LITEView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is moderate and increasing * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | NegativeShort interest is moderately high for LITE with between 10 and 15% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on June 7. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding LITE totaled $69.65 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Telecommunications Services sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Simply Wall St.•last month
Should You Be Worried About Lumentum Holdings Inc.'s (NASDAQ:LITE) 1.5% Return On Equity?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
- MarketWatch•last month
Ciena's stock rockets toward biggest gain in 18 years, helps boost Lumentum and NeoPhotonics shares
Shares of Ciena Corp. rocketed 26.3% in morning trade Thursday, putting it on track for the biggest one-day gain in 18 years, after the optical networking company reported big profit and revenue beats for its fiscal second quarter. The stock's trading volume has already topped 10.6 million shares, or more than 4-times the full-day average. The last time the stock, currently the biggest gainer on the NYSE, had a bigger gain was when it closed up 26.5% on Oct. 3, 2001. The rally is also helping to boost the shares of Lumentum Holdings Inc. , up 2.7%, and NeoPhotonics Inc. , up 5.1%. Ciena accounted for 11% of Lumentum's revenue in the fiscal year ending June 2018, and 16% of NeoPhontoics's revenue in the year ended December 2018. Among Ciena's largest customers, shares of both AT&T Inc. and Verizon Communications Inc. tacked on 1.3%. Ciena derived 12.1% of its fiscal 2018 revenue from AT&T and 10.3% of its revenue from Verizon. Ciena's stock has run up 34% year to date, while the S&P 500 has gained 13%.
- Zacks•last month
Skyworks (SWKS) Revises Outlook for Q3 on Huawei Headwinds
Skyworks (SWKS) is plagued with customer concentration woes. However, the company is gaining from its portfolio strength, particularly in the 5G applications and IoT market.
- TheStreet.com•2 months ago
Nvidia, Lumentum Among Beaten Down Gems, Providing the Market Will Cooperate
Despite generally upbeat economic signs, can we be sure some weak tech reports don't point to a looming slowdown in tech buying more broadly?
- MarketWatch•2 months ago
7 stocks that can get you in on the ground floor of next-gen tech
For better or worse, Google Glass is back. Parent company Alphabet (GOOG)(GOOGL) has announced a new version of its augmented reality glasses, priced at $999 per headset and targeting businesses instead of consumers.
- Reuters•2 months ago
Factbox: Global tech companies shun Huawei after U.S. ban
The United States has effectively banned its companies from doing business with Huawei, exacerbating an ongoing Sino-U.S. trade war. Huawei is allowed to buy U.S. goods until Aug. 19 to maintain existing telecoms networks and provide software updates to its smartphones. - ALPHABET INC: Google on May 19 suspended the transfer of hardware, software and technical services to Huawei, except what it has made publicly available via open source licensing.
- CNBC•2 months ago
Wall Street analysts are worried most about these stocks following the US crackdown on Huawei
Analysts urged clients to adjust their portfolios over Huawei concerns.
- Zacks•2 months ago
Qorvo Trims Outlook on Huawei Woes, Echoes Lumentum's Move
Qorvo (QRVO) updates guidance after Huawei Technologies, one of its prominent customers, is added to "Entity List" by BIS.
Market Realist•2 months agoLumentum Cuts June 2019 Earnings Guidance after Huawei Ban
Huawei Ban Encourages Qorvo and Lumentum to Cut Earnings Guidance(Continued from Prior Part)Lumentum’s exposure to Huawei The United States has made it difficult for US firms to sell technology to Huawei, a major customer for the semiconductor
- Market Realist•2 months ago
Qorvo Cuts Q1 2019 Guidance to Reflect Impact from Huawei Ban
Huawei Ban Encourages Qorvo and Lumentum to Cut Earnings GuidanceQorvo and Lumentum cut their guidance after the Huawei ban The semiconductor industry—and smartphone chipmakers in particular—have started to feel the impact of the Huawei ban
- Barrons.com•2 months ago
Lumentum Stock Ends Its Losing Streak as Huawei Worries Ease
Lumentum Holdings stock arrested a four-session, 22% decline after the U.S. government signaled an easing of actions taken against Huawei Technologies, a major customer for Lumentum.
- Zacks•2 months ago
How China Could Retaliate Huawei Ban & Its Impact on ETFs
These are the initiatives China could take to fight the Huawei ban and an escalation in trade tensions.
