🟢 LITE-linked ETF (LITX) is trading 3.3% up in pre-market as Nasdaq futures gain ahead of payrolls

LITX is trading 3.3% higher in pre-market as Nasdaq futures gain 0.42% ahead of the August U.S. employment report.

• Investor enthusiasm continues for Lumentum’s AI-driven optical-connectivity outlook after strong fiscal fourth-quarter results and higher guidance.
• LITX targets 200% of LITE’s daily performance, amplifying modest underlying-stock gains.
• No separate September 4 overnight company announcement was identified; volatility may increase when payrolls data is released.