# Lumentum Shares Jump More Than 7% as Optical Stocks Rise

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/29007
Published: 2026-10-09T13:36:28.000Z
Updated: 2026-10-09T13:36:28.000Z
Section: Investing

> Coherent gained more than 5% as the Dow, Nasdaq Composite and S&P 500 opened higher Friday.

Lumentum shares rose more than 7% at the U.S. market open Friday, while Coherent gained more than 5% as optical communications stocks rose.

At 9:31 a.m. ET (13:31 UTC), the Dow Jones Industrial Average was up 0.15%, the Nasdaq Composite had gained 0.55% and the S&P 500 was 0.28% higher.

The three major U.S. stock indexes opened higher as optical communications shares also advanced.