🔴 VIAV is trading 7.14% down today after prior session's rally driven by S&P MidCap 400 inclusion

VIAV is trading 7.14% down at $49.16 as the stock gives back gains following a significant rally in the previous session.

• The previous session's strong 12.23% gain on June 22, 2026, was primarily driven by the company's anticipated inclusion in the S&P MidCap 400 index.
• Today's decline appears to be a pre-market giveback amidst broader U.S. futures weakness and softer risk sentiment across major indices, with no new negative company-specific news reported for the decline.
• Recent volatility suggests traders are reacting to both the index inclusion-fueled jump and a generally weaker market environment.