Lumentum Gains, Apple Falls, AMC Entertainment Soars
Today's biggest winners and losers in the stock market, a look at the notable movers: On this episode of Stock Movers:- Laser and optics hardware maker Lumentum (LITE) gained 5.9% to $775.87, 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 networking supplier a lift.- Apple (AAPL) stock slid early Monday as traders digested the latest "most valuable company" back-and-forth with Nvidia and weighed it…
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