Lumentum (LITE) Joins Nasdaq-100 Index Starting May 18, 2026
Published on 5/9/2026
AI Summary
Summarized by AI from the source belowLumentum Holdings Inc. (LITE) will join the Nasdaq-100 Index, taking the place of CoStar Group, effective May 18, 2026. This addition highlights Lumentum's recent stock performance and increased visibility in the market. The decision reflects Nasdaq's ongoing evaluations and adjustments in its index composition. Membership in the Nasdaq-100 can enhance a company's liquidity and trading volume, potentially impacting Lumentum's market capitalization.
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