Lumentum joins Nasdaq-100 Index after stock surges 339% since 2025
Crypto Briefing
Lumentum Holdings will join the Nasdaq-100 Index on May 18, 2026, following a massive surge in market valuation driven by demand for photonic technologies.Summary
Lumentum Holdings is set to join the Nasdaq-100 Index on May 18, 2026, replacing CoStar Group. The company’s inclusion follows an extraordinary period of growth, characterized by a 339% stock price increase in 2025 and continued gains throughout 2026, resulting in a $70 billion market capitalization. Lumentum's rise is attributed to its critical role in providing optical technologies essential for AI-driven, high-bandwidth data networks. As a result of this index inclusion, passive funds and ETFs tracking the Nasdaq-100 will now be required to incorporate Lumentum stock into their portfolios.
(Source：Crypto Briefing)