Why Optoelectronics Stocks Soared Today
Source: Motley Fool
2026-03-02 16:39:25 ET
A rising tide can lift many boats at once. The biggest winners aren't always the most obvious names.
That's the case today in the advanced optics industry. Artificial intelligence (AI) giant Nvidia (NASDAQ: NVDA) announced long-term research partnerships with two leaders in the field. Coherent (NYSE: COHR) shares rose more than 14% on its Nvidia deal while fellow heavyweight Lumentum (NASDAQ: LITE) notched an 11% gain on a similar agreement.
Image source: Getty Images.
Lumentum Holdings Inc.
NASDAQ: LITE
LITE Trading
-2.66% G/L:
$605.5101 Last:
3,566,030 Volume:
$610.445 Open:
LITE Latest News
March 06, 2026 06:39:00 pm
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March 05, 2026 08:30:00 am
Bloomberg 500 (B500) Index Adds Eleven Securities Following March Reconstitution
LITE Stock Data
$39,699,037,000
70,191,000
0.08%
326
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