Viavi Solutions is trading at €31.99, down 11.34%, amid a broad technology and AI-related selloff as hotter-than-expected U.S. inflation renewed rate-hike concerns.
- Reuters reports investors also reassessed AI investment growth and debt exposure, pressuring technology stocks globally.
- No clear company-specific announcement explains the October 15 decline; the October 14 Spirent acquisition announcement is not evidence of a direct cause.
- The move is best attributed to sector-wide and macro pressures.