Avago, Lumentum among market cap stock movers on Monday

On Monday, both Avago Technologies and Lumentum Holdings saw significant movements in their market capitalization, reflecting an overall bullish sentiment in the technology sector. Avago's shares surged due to positive quarterly earnings that exceeded analyst expectations, while Lumentum benefitted from increased demand for its optical components. The movement in these stocks is indicative of investor confidence in technology stocks amid a recovering economy. Analysts suggest that continued advancements in technology could sustain these upward trends. Overall, these developments indicate a potential rally for stocks within the semiconductor and optical space.