Lumentum Holdings Inc. (LITE) shares surged by 9% following reports that the FCC is preparing a rule to prohibit U.S. imports of new-model Chinese optical components. This potential regulatory action is seen as a significant competitive advantage for domestic suppliers like Lumentum.
Lumentum Stock Jumps on Reports of Potential US Ban on Chinese Optics
LumentumRegulationTradeWarOpticsTechnologySectorUSChina
