{"id":211972,"date":"2026-03-09T19:17:21","date_gmt":"2026-03-09T19:17:21","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/211972\/"},"modified":"2026-03-09T19:17:21","modified_gmt":"2026-03-09T19:17:21","slug":"lumentum-shares-rise-9-4-still-a-buy","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/211972\/","title":{"rendered":"Lumentum Shares Rise 9.4% &#8211; Still a Buy?"},"content":{"rendered":"<p>Published on Mar. 9, 2026<\/p>\n<p class=\"submission-link-wrapper\"><a href=\"https:\/\/forms.nationaltoday.com\/news?location=San+Jose%2C+CA&amp;city=San+Jose&amp;type=Update+Existing+Story&amp;headline=Lumentum+Shares+Rise+9.4%25+-+Still+a+Buy%3F&amp;page=https%3A%2F%2Fnationaltoday.com%2Fus%2Fca%2Fsan-jose%2Fnews%2F2026%2F03%2F09%2Flumentum-shares-rise-9-4-still-a-buy%2F\" class=\"submission-link\" target=\"_blank\" rel=\"nofollow noopener\">Got story updates? Submit your updates here. \u203a<\/a><\/p>\n<p>Lumentum Holdings Inc. (NASDAQ:LITE) shares rose 9.4% during mid-day trading on Monday, reaching as high as $628.70 per share. The stock&#8217;s surge came on trading volume of 3.6 million shares, down 32% from the average daily volume. The stock had previously closed at $558.44.<\/p>\n<p>      Why it matters<\/p>\n<p>Lumentum is a leading provider of photonic technologies that enable high-speed optical communication networks and advanced industrial applications. The company&#8217;s stock performance is closely watched by investors and analysts as an indicator of broader trends in the technology and telecommunications sectors.<\/p>\n<p>            The details<\/p>\n<p>A number of brokerages have commented on Lumentum&#8217;s stock, with several raising their price targets. Morgan Stanley raised its price objective to $520, while Mizuho increased its target to $645. JPMorgan Chase &amp; Co. and Needham &amp; Company also raised their price targets on the stock.<\/p>\n<p>      Lumentum&#8217;s stock rose 9.4% during mid-day trading on Monday, March 9, 2026.<br \/>\n        The players<\/p>\n<p>        Lumentum Holdings Inc.<\/p>\n<p>A leading provider of photonic technologies that enable high-speed optical communication networks and advanced industrial applications.<\/p>\n<p><a href=\"https:\/\/forms.nationaltoday.com\/news?location=San+Jose%2C+CA&amp;city=San+Jose&amp;type=Upload+Story+Photos&amp;headline=Lumentum+Shares+Rise+9.4%25+-+Still+a+Buy%3F&amp;page=https%3A%2F%2Fnationaltoday.com%2Fus%2Fca%2Fsan-jose%2Fnews%2F2026%2F03%2F09%2Flumentum-shares-rise-9-4-still-a-buy%2F\" class=\"submission-link\" target=\"_blank\" rel=\"nofollow noopener\">Got photos? Submit your photos here. \u203a<\/a><br \/>\n            What they\u2019re saying<\/p>\n<p class=\"news-quote-quote\">\u201cWe must not let individuals continue to damage private property in San Francisco.\u201d<\/p>\n<p class=\"news-quote-cite\">\u2014 Robert Jenkins, San Francisco resident (San Francisco Chronicle)<\/p>\n<p>            What\u2019s next<\/p>\n<p>The judge in the case will decide on Tuesday whether or not to allow Walker Reed Quinn out on bail.<\/p>\n<p>        The takeaway<\/p>\n<p>This case highlights growing concerns in the community about repeat offenders released on bail, raising questions about bail reform, public safety on SF streets, and if any special laws to govern autonomous vehicles in residential and commercial areas.<\/p>\n","protected":false},"excerpt":{"rendered":"Published on Mar. 9, 2026 Got story updates? Submit your updates here. \u203a Lumentum Holdings Inc. (NASDAQ:LITE) shares&hellip;\n","protected":false},"author":2,"featured_media":190171,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[88,90,89],"class_list":{"0":"post-211972","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-san-jose","8":"tag-san-jose","9":"tag-san-jose-headlines","10":"tag-san-jose-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/211972","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=211972"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/211972\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/190171"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=211972"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=211972"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=211972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}