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Lumentum Shares Plunge After Guidance Cut, Bruising Apple Stock In The Process
Monday, November 12, 2018 - 1:25pm | 442Apple Inc. (NASDAQ: AAPL) shares were down more than 4 percent Monday after key iPhone supplier Lumentum Holdings Inc (NASDAQ: LITE), slashed its guidance. The damage to Lumentum's stock was much worse, with shares hitting a new 52-week low of $37.59 and trading down about 30 percent...
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IIVI Investors Should Take 'A Breather,' Morgan Stanley Says In Downgrade
Monday, July 2, 2018 - 2:44pm | 393II-VI, Inc. (NASDAQ: IIVI) remains a "premier business with premium valuation," but the stock's recent move higher implies that now is a good time for investors to stay neutral, according to Morgan Stanley. The Analyst Morgan Stanley's Meta Marshall downgraded IIVI from...
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Rosenblatt: What Apple's Quest To Add More 3-D Sensing Applications Means For Suppliers
Friday, April 13, 2018 - 2:56pm | 647Apple Inc. (NASDAQ: AAPL) could add more applications for its 3-D sending solution and launch some AR/VR applications later this year, according to Rosenblatt Securities. The Analyst Rosenblatt has a Buy rating on the shares of Apple. The Thesis Apple is working to improve its 3-D...
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Apple Releases New Student iPad, But Rumors Of A $259 Model Prove Unfounded
Wednesday, March 28, 2018 - 3:56pm | 368Apple Inc. (NASDAQ: AAPL) introduced a $299 iPad for students with Apple Pencil support on Tuesday, but Apple enthusiasts hoping for a 3-D powered tablet may need to wait a few more months. What Happened Apple's new 9.7-inch tablet includes Touch ID, a high-definition camera, 10 hours of...
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Has The Optics Sector Become A Stock Picker's Market?
Tuesday, January 30, 2018 - 5:06pm | 805The optics sector may be overlooked by many investors, but a handful of stock picks in the space could yield attractive returns, according to Loop Capital Markets. The Analyst Loop Capital Markets' James Kisner initiated coverage on the following stocks: Oclaro Inc (NASDAQ: OCLR): Buy...