LITE Market Cap History Table | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Also see: LITE Shares Outstanding History and LITE YTD Return |
LITE Market Cap History Table | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Also see: LITE Shares Outstanding History and LITE YTD Return |
LITE Market Cap History Chart | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
+16.95% CAGR Mouse over chart for data details
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LITE Stock Price Chart |
About Lumentum Holdings Inc |
Lumentum Holdings is a provider of optical and photonic products addressing a range of end market applications including Optical Communications (OpComms) and Commercial Lasers (Lasers) for manufacturing, inspection and life-science applications. Co.'s segments are: OpComms, which provides a range of components, modules and subsystems to support customers including carrier networks for access, metro, long-haul and submarine applications; and Lasers, which provides lasers for the industrial and scientific markets and are used in original equipment manufacturer applications including diode-pumped solid-state, fiber, diode, direct-diode and gas lasers such as argon-ion and helium-neon lasers. We show 36 historical shares outstanding datapoints in our LITE shares outstanding history coverage, used to compute LITE market cap on those dates. Understanding the changing numbers of shares outstanding, the changing share price, and the resulting changing LITE market cap history over the course of time is important for investors interested in comparing LITE's market cap history versus its peers. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies, and then calculating their respective market caps. Comparing the share price of LITE versus a peer is one thing; comparing LITE market cap versus a peer is a completely different story. Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares), the market cap for a company like LITE can fluctuate over the course of history. With this page we aim to empower investors researching LITE by allowing them to research the LITE market cap history. |
LITE Current Stock Quote |
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Video: The Importance of Market Cap | |
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LITE Share Performance |
Market Cap Peers |
Lumentum Holdings (LITE) is categorized under the Technology sector; to help you further research historical market cap numbers, below are some other companies in the same sector:
LLNW Market Cap History |
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