Viavi Solutions is trading at $31.77 (-9.23%) as it extends a sharp selloff tied to a recent $500 million share sale that raised dilution and supply-overhang concerns.
- Broader markets are also weak, with U.S. indices lower and technology/semiconductor stocks under pressure, adding to the selling momentum.
- The move appears driven mainly by financing concerns and a risk-off tape rather than any new company-specific news.