Tiger Global Management Adds $118M in Lumentum Holdings Inc. ($LITE)
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Tiger Global Management acquired a new position in Lumentum Holdings Inc. ($LITE), according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 136,800 shares of Lumentum Holdings Inc.. Tiger Global Management's holdings in Lumentum Holdings Inc. were worth $118.18 million as of its most recent filing.
Lumentum Holdings Inc. Stock Down 3.5%
Shares of Lumentum Holdings Inc. ($LITE) traded around $863.92 on Saturday, down 3.5% for the day.
Lumentum Holdings Inc. Earnings
Analysts Set New Price Targets
About Lumentum Holdings Inc.
Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. It offers component products, including semiconductor laser chips, laser sub-assemblies, line subsystems, and wavelength management systems. The company also offers system products, such as optical modules, optical circuit switches, and industrial lasers, including short-pulse solid-state lasers and kilowatt-class fiber lasers. Its products and solutions are used in cloud, artificial intelligence and machine learning (AI/ML), telecommunications, consumer, and industrial end-market applications. The company was incorporated in 2015 and is headquartered in San Jose, California.
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