Lumentum Leads Listed Semiconductor, Storage and Optical Shares With 5.22% Gain

Lumentum led the listed semiconductor, storage and optical-communications shares in U.S. premarket trading Monday with a 5.22% gain, while semiconductor and storage stocks moved in different directions.

Applied Optoelectronics rose 3.53%, Coherent gained 3.4%, Credo advanced 2.21% and Nokia added 2.17%. Astera fell 1.39%.

Semiconductor stocks declined across the listed names. Lam Research fell 1.04%, Applied Materials dropped 1.08% and Arm Holdings declined 1.48%.

Storage stocks were also mixed. Micron Technology fell 2.32% and SanDisk dropped 1.72%, while Western Digital gained 1.01% and Seagate Technology rose 1.06%.