Shares of Lumentum Holdings Inc. (LITE) gained over 8% on Monday morning after the company announced it will join the Nasdaq-100 Index.
The stock is currently trading at $976.51, up $73.08 or 8.09%, on the Nasdaq. It opened at $950.25 after closing the previous session at $903.43. The stock has traded between $69.26 and $1,021.00 over the past 52 weeks.
For comments and feedback contact: editorial@rttnews.com
Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.