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Stock impact report

Lumentum jumps amid strong forecast from Austria's AMS [Seeking Alpha]

Lumentum Holdings Inc. (LITE) 
Last lumentum holdings inc. earnings: 2/4 07:30 am Check Earnings Report
Company Research Source: Seeking Alpha
Lumentum jumps amid strong forecast from Austria's AMSA strong move up today for Lumentum (LITE+6.3%) may be tied to a strong forecast from Austria-based AMS, Bloomberg notes.Loup Ventures analyst Austin Bohlig says AMS is believed to have a manufacturing relationship with Lumentum for 3-D sensor modules, and a strong AMS forecast is a "great sign" for Lumentum, he tells Bloomberg.AMS said it expected "very strong quarter-on-quarter growth" as optical solution ramps in its consumer business continued at high volumes.See all stocks on the move » Show less Read more
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