LYTE is trading at $26.13, up +3.49% as U.S. futures point higher.

  • After declines of 5.09% on August 19 and 8.28% on August 18, Nasdaq Composite futures are up 0.62%.
  • Its photonics and optical-company concentration supports AI data centers and heightens sensitivity to technology risk appetite.
  • Thursday’s technology-led selloff was driven by rising Treasury yields, oil prices, and valuation concerns; no major U.S. economic release was scheduled before the open; August flash PMI is due at 9:45 AM ET.