Closing Bell: Lumentum Gains, Paramount/Warner Bros. Discovery Deal Paused, Sweetgreen Slides
Today's biggest winners and losers in the stock market.On this episode of Stock Movers:Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Sally Bakewell, Katie Griefeld, Carol Massar and Tim Stenovec- Laser and optics hardware maker Lumentum (LITE) gained 5.7% to $774.03, placing it near the top of the S&P 500. Barclays upgraded Lumentum to Overweight from Equal Weight and reiterated a price target of $1,000. That endorsement, coupled with a resurgence across AI hardware stocks on Monday, gave the optical…
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