Nvidia Partnership Boosts Lumentum Holdings Stock 1,600% in Less Than a Year

Lumentum Holdings, a provider of optical components, has seen its stock surge 1,600% in less than a year due to booming demand for its products. The company recently announced a partnership with Nvidia, and has been added to the S&P 500 index. Lumentum has turned itself around after a few years of slumping sales.