Gainers
Losers
The optical names took the worst of it at the close, with Ciena down 10.49% and Lumentum and Applied Optoelectronics close behind. Shopify's gain led a much tamer move on the other side of the 382-stock board.
Latest Activity
Gainers
Losers
C3.ai is up 9.97% at the open, leading a board where ServiceNow, Salesforce, Shopify and Intuit all gained 3.5% or more. Applied Optoelectronics is down 6% on the other end of the same board.
Gainers
Losers
All three major US wireless carriers are at the bottom of the board at the open, with T-Mobile down 8.9% and AT&T and Verizon close behind. Optical names lead the other side, Applied Optoelectronics up 8.9%.
19stocks hit new 52-week highs this week
- HPEHewlett Packard Enterprise$69.33+9.2%
- ASXASE Technology Holding$47.45+5.0%
- AMCAMC Entertainment$2.77+4.4%
- MRNAModerna$190.01+4.4%
- SSentinelOne$25.06+4.0%
- LITELumentum$1,085.42+3.1%
- KEYSKeysight Technologies$384.64+3.0%
- CRWDCrowdStrike$270.04+2.9%
- RBRKRubrik$118.58+2.6%
- PANWPalo Alto Networks$403.24+1.8%
Nineteen stocks cleared fresh 52-week highs this week, and Hewlett Packard Enterprise led the pack by topping its prior peak by 9.2% at $69.33. ASE Technology, AMC, Moderna and a cluster of security names including CrowdStrike and Palo Alto Networks also broke out.
New 52-week high$1,085.42+3.1% vs prior high · 2026-05-11
Lumentum cleared $1,085.42, taking out its May 11 record by 3.07% and ending nearly five months of chop below that line. The optical name now carries a $97.4 billion market cap.
Gainers
Losers
Three names in our 383-stock board closed with double-digit gains, led by Accenture's 15.6% jump to $211.97, a move that size is rare for a mega-cap consultant. The downside was far tamer, with AMC's 8.2% slide the worst of it.
Gainers
Losers
Bloom Energy closed up 11.21% at $292.34, the only double-digit gain in a 383-name priority list. The other end was just as loud: AMC and DraftKings both gave up more than 7%.
AI Portfolio · Eric Bleeker
LITE
Milestone+1061%since recommended · 690 days
Eric Bleeker's AI Portfolio pick in Lumentum has turned an $83.85 entry into a 11x position in 690 days, one of the few optical names to ride the AI data center buildout this far. Eleven-bagger in under two years is rare air, and the position is still compounding.
AI Portfolio · Eric BleekerLITE
Milestone+998.8%since recommended · 689 days
Lumentum has turned every $1,000 into nearly $11,000 since Eric Bleeker added it to the AI Portfolio in November 2024. Less than two years to get there, and the optical networking buildout behind it is still ramping.
LITE Coverage
1:05pm ET
Investing
Optics Stocks Rally Ahead of Earnings: Applied Optoelectronics Jumps 5%, Lumentum Adds 4%, Coherent Rises 2%
Applied Optoelectronics (NASDAQ:AAOI) stock jumped 5% to $79.01 on Monday as optics names advanced ahead of upcoming earnings reports. Lumentum (NASDAQ:LITE | LITE Price Prediction) shares rose 4% to $856.18, while Coherent…
11:00am ET
Investing
Martin Shkreli Says New Photonic Chips Could Run Circles Around Nvidia
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10:58am ET
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Optical Stocks Extend Slide as Money Rotates Into Defensives: Applied Optoelectronics Falls 6%, Coherent Drops 7%, Lumentum Slips 5%
Optical suppliers tied to the artificial intelligence (AI) data center buildout are extending their slide as money shifts into defensive sectors. Applied Optoelectronics (NASDAQ:AAOI) stock is down 6% to $80.97 in early…
8:45am ET
Investing
Coherent Has Massively Diappointed Investors for 6 Months: A Respected Analyst Predicts It Will Double Moving Forward
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2:45pm ET
Investing
A $1,000 Investment in This AI Stock Became $22,715. The Real Story Is the Last 12 Months
Lumentum spent years as a forgotten laser supplier riding smartphone cycles before something shifted in its order book and turned patient holders into unlikely winners. The catch is how long that patience…
12:35pm ET
Investing
Applied Optoelectronics Dives 9% as AI Funding Fears Hit Optical Stocks; Coherent Slides 7%, Lumentum Drops 7%
Optical networking suppliers are sliding again, and Applied Optoelectronics (NASDAQ:AAOI) stock is falling the most as doubts about how artificial intelligence (AI) infrastructure gets funded spread through the group. Applied Optoelectronics stock…
3:10pm ET
Investing
Applied Optoelectronics Is Up 175% in 2026 and Lumentum Is Up 164%: Take Profits, or Hold On for the Ride?
Optical connectivity stocks have handed some investors gains that dwarf the broader market this year, but a 9% pullback in just the past month signals the window for a clean exit may…
10:45am ET
Investing
Lumentum Vs. Coherent: Backlog Quality Leaves Investors Spoiled for Choice
Lumentum and Coherent both reported blockbuster quarters fueled by AI datacenter demand, with order books stretching years into the future. But a closer look at their backlogs reveals a meaningful gap in…
7:15am ET
Investing
Lumentum’s Massive Backlog and Demand Justify Buying at Today’s Price
Lumentum's backlog just crossed a landmark threshold, demand is outrunning supply, and the stock is down nearly 10% from its recent peak. Whether that selloff is a buying window or a warning…
12:49pm ET
Investing
Lumentum Falls 10% as Optics Selloff Hits Hardest Where Capacity Is Sold Out; Applied Optoelectronics Drops 7%, Coherent Slides 7%
Lumentum (NASDAQ:LITE | LITE Price Prediction) stock is down 10% to $996.95 in midday trading, leading a sharp retreat across artificial intelligence (AI) optical connectivity names. This drop stands out because Lumentum’s…
8:36am ET
Investing
Optics Stocks Rally on Sold-Out Optical Capacity Through Early 2029: Applied Optoelectronics and Lumentum Surge 7%, Coherent Climbs 5%
Optical component makers are staging a sharp rebound after a sold-out demand signal from Lumentum Holdings (NASDAQ:LITE | LITE Price Prediction) spread across the group. Lumentum stock is at $1,117.71, up 7%…
7:15am ET
Investing
Applied Optoelectronics Has Fallen Hard for 6 Months: This Wall Street Analyst Expects It’s Going to Double Soon
Applied Optoelectronics has shed more than half its peak value in six months, weighed down by repeated share sales and a memory shortage that blindsided the market, yet one analyst still sees…
12:00pm ET
Investing
Optics Stocks Tumble as Profit Taking Cuts Into Big Yearly Gains: Applied Optoelectronics Drops 9%, Coherent Falls 5%, Lumentum Slides 4%
Optical component makers are being sold as a group after a year of extraordinary gains, and the pressure is landing hardest on the names that ran furthest. Shares of Applied Optoelectronics (NASDAQ:AAOI)…
9:52am ET
Investing
Applied Optoelectronics Surges 6% as $600M Share Sale Program Closes; Lumentum Sits Out the Rally, Corning Edges Higher
Clearing known share supply can lift a stock quickly. Applied Optoelectronics (NASDAQ:AAOI) is showing how after completing its $600 million at-the-market equity program. Applied Optoelectronics stock is at $128.95, up 6% in…
12:03pm ET
Investing
Applied Optoelectronics Is Unstoppable: Up 8% Today and 231% This Year, Is AAOI Stock Too Hot to Handle Now?
The optics trade is running hot again. Applied Optoelectronics (NASDAQ:AAOI) stock is leading it as buying spreads across the companies building high-speed connections for artificial intelligence data centers. Applied Optoelectronics stock is…