Q: re: Question from js (relation between LITE and VIAVI share prices)
About 2 years ago, JDS Uniphase split into two: LITE (the spin-off) and VIAVI (the renamed "rump" of JDSU). VIAVI still owns a considerable number of shares of LITE, and so its balance sheet is directly correlated to the LITE share price.
About 2 years ago, JDS Uniphase split into two: LITE (the spin-off) and VIAVI (the renamed "rump" of JDSU). VIAVI still owns a considerable number of shares of LITE, and so its balance sheet is directly correlated to the LITE share price.