Lumentum Stock Soars on Trump’s Ban of Chinese Components
Lumentum Holdings is surging Tuesday after Reuters reported the Trump administration is weighing a ban on new Chinese optical transceivers.
A company that makes computer parts might do better if the government stops buying from China, because companies could buy from them instead. When you see this stock move up, watch whether the actual ban really happens—that's what would make the change real.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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