Business
Lumentum stock leads S&P 500 higher amid optical sector comeback
Optical stocks rally following Anthropic's IPO filing and positive developments.
Photo: Kidfly182 / CC BY-SA 4.0, via Wikimedia Commons
Lumentum's stock was a top performer in the S&P 500 on Monday, helping drive the index higher, MarketWatch reported.
The optical sector is experiencing a resurgence, with several companies seeing gains after Anthropic filed for an initial public offering.
This IPO filing, along with other positive news in the industry, has contributed to renewed investor interest in optical stocks.
MarketWatch noted that the optimism around Anthropic's IPO has helped boost confidence in related optical technology companies.
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