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Against the grain: LITE stock price (vs Nasdaq, past six months)
Although the stock price of Lumentum initially declined in value after the split from JDSU, over the past three months it has risen dramatically - at a time when equity markets globally have suffered major reverses. While the Nasdaq Composite index (yellow line) has lost around 13% of its value since October, Lumentum (blue line) has soared by 70% over the same period. Data: Nasdaq.com.
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