Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Lumentum Holdings (LITE): Assessing Valuation After $1.1 Billion Convertible Notes Move [Yahoo! Finance]

Lumentum Holdings Inc. (LITE) 
Last lumentum holdings inc. earnings: 2/4 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Lumentum Holdings (LITE) just closed a $1.1 billion convertible senior notes deal that has investors talking. This kind of move can shake up everything from the company's debt load to how flexible it is for future growth plans or strategic buybacks. It is not every day you see a company of this size tap the capital markets with a big convertible offering, and the market is now trying to figure out what this means for the outlook. Over the past year, Lumentum Holdings shares have climbed 187%, and the momentum has only picked up in recent months with an 83% jump in the last quarter alone. Announcements like this convertible note can sometimes make investors rethink the risk and reward balance, especially given Lumentum's revenue and net income growth over the period. Alongside upbeat consensus ratings, there is a sense of building optimism, yet recent events are also inviting more questions around future value. So, is the current rally a sign that Lumentum Holdings is undervalued and r Show less Read more
Impact Snapshot
Event Time:
LITE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for LITE alerts
Opt-in for
LITE alerts

from News Quantified
Opt-in for
LITE alerts

from News Quantified