Why Is Lumentum (LITE) Stock Price Down 8.47% Today, July 24? AI Optics De-Risking

Lumentum (LITE) fell exactly 8.47% to $762.99 on July 24, 2026 as the high-beta AI optics trade unwound without a fresh company-specific warning. Read the daily analysis of Lumentum's AI optics demand outlook, momentum risk and key technical levels.