Investing
After-hours movers: Lumentum falls on lower guidance, Costco down as comps fall
© Reuters. After-hours movers: Lumentum falls on lower guidance, Costco down as comps fall
After-Hours Stock Movers:
Lumentum Holdings Inc (NASDAQ:) 9% LOWER; For the fiscal third quarter 2023, revenue is now expected to be in the range of $380 to $384 million, compared to the company’s previous expectation of $430 to $460M. The company also raised its buyback to $1.2 billion.
Costco (Nasdaq: NASDAQ:) 2% LOWER; U.S. comps fell 1.5% in March.
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