Point72 expands its holding in optical components company
On July 1, 2024, Steven Cohen (Trades, Portfolio)'s firm added significantly to its stake in Lumentum Holdings Inc (NASDAQ:LITE), a key player in the optical and photonic products industry. This transaction not only reflects a substantial investment but also marks a notable increase in the firm's portfolio, with Lumentum now representing a 0.43% position.
Lumentum and MicroVision have been highlighted in this Industry Outlook article.