🟢 LITE is trading 2.6% up today following new institutional investment

Lumentum Holdings Inc. (LITE) is trading about 2.6% up now at $837.81.

• Patton Fund Management Inc. disclosed a new first-quarter stake in Lumentum Holdings today, purchasing 7,401 shares valued at approximately $5.2 million.
• This new institutional investment likely contributed to the positive price movement, providing a company-specific catalyst.