Geopolitics Alpha

Lumentum: The Selloff Makes Less Sense After Earnings (NASDAQ:LITE)

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GEOPOLITICS ALPHALumentum: The Selloff Makes LessSense After Earnings (NASDAQ:LITE)LITEGEOPOLITICS ALPHA

This report is about the broad US market.

Directly affected

  • LITE Lumentum Holdings-42.5% 30d

    Named in this report.

Indirectly affected

  • DIA SPDR Dow Jones Industrial Average ETF+0.3% 13d

    SPDR Dow Jones Industrial Average ETF: it is a broad US stock-market fund. Linked by “nasdaq” (the broad US market) in this story.

  • QQQ Invesco QQQ-9.8% 30d

    Invesco QQQ: it is a broad US stock-market fund. Linked by “nasdaq” (the broad US market) in this story.

  • XLK Technology Select Sector SPDR+3.3% 6d

    Technology Select Sector SPDR holds the technology sector that Lumentum Holdings belongs to, so it often moves with news about it.

  • QCOM Qualcomm-2.0% 30d

    Qualcomm is a large technology company like Lumentum Holdings; big names in a sector often move together.

  • MSI Motorola Solutions+16.3% 13d

    Motorola Solutions is a large technology company like Lumentum Holdings; big names in a sector often move together.

  • CIEN Ciena+1.3% 12d

    Ciena is a large technology company like Lumentum Holdings; big names in a sector often move together.

  • FN Fabrinet-27.7% 14d

    Fabrinet is a large technology company like Lumentum Holdings; big names in a sector often move together.

  • PL Planet Labs PBC-19.5% 30d

    Planet Labs PBC is a large technology company like Lumentum Holdings; big names in a sector often move together.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
LITE-0.08%+8.57%baseafter closeafter closeafter closeafter close
DIA+0.04%+0.26%baseafter closeafter closeafter closeafter close
QQQ-0.18%+1.53%baseafter closeafter closeafter closeafter close
XLK+0.36%+2.42%baseafter closeafter closeafter closeafter close
QCOM-0.50%+2.38%baseafter closeafter closeafter closeafter close
MSI-0.61%+0.74%baseafter closeafter closeafter closeafter close
CIEN-4.01%+5.52%baseafter closeafter closeafter closeafter close
FN+11.78%+12.62%baseafter closeafter closeafter closeafter close
PL+4.05%+3.76%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Lumentum: The Selloff Makes Less Sense After Earnings (NASDAQ:LITE) Seeking Alpha

Source: Seeking Alpha

This story

CompanyWhenMoveStatus
CIENthree days earlier+5.52%final price
CIENfive days earlier-4.01%final price
DIAthree days earlier+0.26%final price
DIAfive days earlier+0.04%final price
FNthree days earlier+12.62%final price
FNfive days earlier+11.78%final price
LITEthree days earlier+8.57%final price
LITEfive days earlier-0.08%final price
MSIthree days earlier+0.74%final price
MSIfive days earlier-0.61%final price
PLthree days earlier+3.76%final price
PLfive days earlier+4.05%final price
QCOMthree days earlier+2.38%final price
QCOMfive days earlier-0.50%final price
QQQthree days earlier+1.53%final price
QQQfive days earlier-0.18%final price
XLKthree days earlier+2.42%final price
XLKfive days earlier+0.36%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100

“Lumentum: The Selloff Makes Less Sense After Earnings (NASDAQ:LITE)” scores 12 out of 100. The score uses 1 sources.