How Risky Is Lumentum Stock?

Shares of Lumentum (LITE) fell 19.3% in the week to October 14. The retreat came despite upbeat comments from management earlier in the week, which had briefly sent the stock higher. Even with that drop, the stock remains up 458% over the past year, compared with a 17.3% gain for the S&P 500. Buyers at today's price appear to be betting that Lumentum can continue to manufacture and profit from the optical and laser components AI data centers want. So how far did Lumentum stock fall when the whol