🔴 Lumentum 2X ETF (LITX) is trading 4.56% down today after AI-optics profit-taking

LITX is trading at $27.43 (-4.56%) as continued AI-optics sector profit-taking weighs on the ETF.

• Lumentum weakness is amplified by the ETF’s 2x daily exposure.
• Selling followed sector-wide profit-taking after Applied Optoelectronics’ equity offering raised dilution concerns across AI-optics stocks.
• Broader markets are modestly higher; no stronger new company-specific catalyst for September 3, 2026, was identified.