Viavi Solutions is trading at $31.88, down 4.32%, in pre-market amid a broader technology selloff as investors worry that major technology companies’ heavy AI spending may not generate sufficient returns.
- Reuters reported that Alphabet’s results, followed by Amazon and Intel earnings, pressured technology shares and Nasdaq futures.
- Bloomberg coverage described a global selloff led by technology stocks.
- No clear company-specific catalyst for Viavi Solutions’ decline was found.