India, Nov. 2 -- Lumentum Holdings Inc. (LITE) shares plunged about 14% despite reporting strong fiscal first-quarter results, with revenue more than doubling year over year and the company issuing a robust second-quarter outlook.
The stock is trading at $726.33, down $114.37 or 13.60%, on the Nasdaq. It opened at $800.02 after closing the previous session at $840.70. The stock has traded between $184.20 and $1,143.00 over the past 52 weeks.
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