LITE

-8.5%🟢 Fundamentally supported

Lumentum Holdings Inc. Common Stock · Technology

$904.03Vol 3.89M · 1.1× normalMkt cap −$7.61Blive · 2026-10-14 ET

What happened

Move

-8.5%

Price

$904.03

Volume

3.89M

1.1× normal

Market cap

$81.89B

−$7.61B today

Why it moved

Legal / regulatorymedium confidence

Lumentum Stock Falls Nearly 10% as Optics Stocks Slide in a Sector-Wide Selloff . Here’s Where the Stock Could Go by 2032 — finnhub-news
3 Best AI Stocks to Buy on This Pullback (SNDK, LITE, JBL) — finnhub-news

Possible catalyst: legal / regulatory, 5.8pp below its sector.

Verdict — was the move justified?

🟢 Fundamentally supported

Legal / regulatory — direction and rough magnitude are consistent with the identified fundamental catalyst.

How unusual is this move

σ score

2.3σ

vs own 20d volatility

Percentile

95th

of 1275 daily moves

Avg daily move

±2.8%

own 5y average

vs sector

-5.8%

beyond sector median

Today’s move is among the largest 5% of LITE’s daily moves over the last 5 years — while the sector moved -2.7% and the market -0.9%.

What happened after similar moves

67 similar down moves in LITE’s 5-year history:

After 5 days

+3.6%

66% higher

After 20 days

+9.7%

75% higher

Median of same-direction moves within ±35% magnitude band. Past patterns don’t predict outcomes — context, not signal.

Fundamental context

V 5G 45P 57H 50Q 46EW 46/65

Insider activity (90d): net selling $32.18M

Valuation context

P/E (TTM)

201.5

5y median 43.6

P/E percentile

91%

vs own 3y history

FCF yield

0.0%

Trading richer than 91% of its own historical valuation range.

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