Stocks Trending Alert: SINA Corp (NASDAQ:SINA), Lumentum Holdings Inc (NASDAQ:LITE)

On Friday, Shares of SINA Corp (NASDAQ:SINA), included 0.52% and shut at $68.20 inside the end purchasing and offering session. The last exchanging scope of the stock ranges amongst $67.18 and $68.67. The business’ commercial center capitalization is $4.75 Billion with the aggregate fabulous loads of 70.88 million. Yintech Investment Holdings Limited (YIN) (“Yintech” or the “Company”), the leading online provider of spot commodity trading services in China by customer trading volume in both 2014 and 2015, recently declared its unaudited financial results for the quarter ended September 30, 2016.

For the third quarter of 2016, Yintech’s customer trading volume was RMB835.1 billion (US$125.2 billion), a 486.9% increase contrast to the third quarter of 2015. Yintech generated net commissions and fees of RMB700.7 million (US$105.1 million), a 223.9% increase contrast to the third quarter of 2015.

Shares of Lumentum Holdings Inc (NASDAQ:LITE), added 1.56% and shut at $42.20 inside the last exchanging session. The rest of the purchasing and offering scope of the stock levels among $41.20 and $42.31. The association’s commercial center capitalization is $2.58 Billion with the general uncommon loads of 60.09 million. Lumentum Holdings Inc. (“Lumentum”) introduced recently the T13 Series of 980 nm pump laser modules which are based on an industry-first uncooled distributed feedback (DFB) 980 nm pump laser chip. The T13 family of products combine a high-power DFB diode laser with additional components into an ultra-small form factor, coaxial package. Sample quantities are available now, with volume production in December 2016.

“The T13 Series leverages the same TO-package demonstrated in numerous high-volume consumer applications and establishes the DFB’s future role in compact, reliable 980 nm pump lasers for optical amplification applications,” remarked Jay Skidmore, vice president, research and development, High Power Lasers. “The DFB laser eliminates the external grating needed for conventional pump laser designs that opens a path towards much higher levels of integration. Additional benefits include fiber length reduction, a decrease in the device’s footprint, plus lower power requirements.”

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