Did Apple iPhone 8 Rumor Shake Up Two Fiber Stocks?

Apple (AAPL) stock edged up Wednesday as the market shrugged off the latest rumor of an iPhone 8 shipment delay, but shares in Lumentum Holdings (LITE) and Finisar (FNSR) — two optical technology firms that have been linked to Apple — fell.

Apple stock was up 0.4% to 145.34 in afternoon trading in the stock market today. Apple stock has shot up 25% in 2017 as anticipation grows for a strong iPhone 8 upgrade cycle.

Lumentum stock was down 2.3% to 49.25 on Wednesday. Finisar stock was...

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