🟢 Viavi Solutions is trading 4.1% up today as bargain hunters step in following a sharp post-equity-offering selloff

Viavi Solutions is trading 4.1% up at $38.44 as investors seek value following a significant multi-day decline triggered by a recent equity raise.

• The stock is stabilizing after heavy selling pressure since July 10, linked to the dilution overhang from a ~$500 million common-stock offering.
• Market participants appear to be reassessing the company's balance-sheet cleanup resulting from the capital raise, despite broader volatility in the technology sector.