Lumentum (LITE0 Climbs 9.6%, Mirrors Broader Market Rally
We recently published 10 Big Names Crushing the Market. Lumentum Holdings Inc. (NASDAQ:LITE) is one of the best-performing stocks on Friday. Lumentum Holdings jumped by 9.58 percent on Friday to close at $255.59 apiece as investor sentiment was generally bolstered by a broader market optimism over renewed hopes of an interest rate cut. The Federal Reserve is set to meet on December 9 and 10 for their final Federal Open Market Committee (FOMC) meeting for the year to discuss their decision on benchmark ra ...