Verified Investing on $LITE (Nov 2, 2026)
LITE is not an easy buy despite its $115 billion market value and acquisition news; the speaker flags that it is declining despite profits and a higher acquisition premium, and that institutions not buying is a warning sign. He does not know the deal outcome or whether dilution or debt is the issue, and says to monitor LITE today.
Jump to any passage
Can we buy LITE because its market value is $115 billion and it is on its way to being acquired? It's never that easy. We were just talking in the office with traders about how institutions are ten times more informed about this than I am, and if they aren't buying, it tells us something is like a warning sign.
Whether the deal goes through or not, and whether it's on the dilution side or the debt side, I don't know, but the point is that LITE is declining despite the profits and despite the news of its acquisition at a higher price premium, so it should be monitored today.
What this channel has said about $LITE
Verified Investing has 8 calls on this stock; only the adjacent ones are shown.