Optical names on the move after Oclaro sale
https://seekingalpha.com/news/3338294-optical-names-move-oclaro-sale
M&A animal spirits are stirring in the optical space after Lumentum agreesto purchase Oclaro for $1.8B in cash and stock.
Premarket: Applied Optoelectronics (NASDAQ:AAOI) +4.5%, NeoPhotonics (NYSE:NPTN) +6.8%, Finisar (NYSE:FN) +2.3%, Inphi (NYSE:IPHI) +2.75%. Acacia (NASDAQ:ACIA) and Viavi Solutions (NASDAQ:VIAV) are both indicated higher.