Apple (AAPL) Set to Open Lower by 2.4% Following Profit Warning from Lumentum (LITE)
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Price: $336.13 -0.26%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.3%
EPS Growth %: +7.0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.3%
EPS Growth %: +7.0%
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Apple (NASDAQ: AAPL) Set to Open Lower by 2.4% Following Profit Warning from Lumentum (Nasdaq: LITE).
In its warning, LITE said: "We recently received a request from one of our largest Industrial and Consumer customers for laser diodes for 3D sensing to materially reduce shipments to them during our fiscal second quarter for previously placed orders that were originally scheduled for delivery during the quarter."
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