Lumentum was named in an article describing a sharp reversal in the AI trade. Official trending ticker data showed LITE down 17.58% to $692.30, making it one of the steepest decliners in the provided market list. The article grouped Lumentum with Marvell and Apple as technology sentiment deteriorated. That combination made Lumentum a high-profile example of investors reducing exposure to AI infrastructure and connectivity names.

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