- Another optical network company has fallen by the wayside on a China slowdown.
- Acacia’s fall has been exaggerated by a secondary offering, a large dependence on China and an unusually high customer concentration.
- But we see little reason not to expect substantial growth to return to this former high-growth company, so we think the shares are a buy here.
It’s That China Slowdown Again, But Acacia Communications Will Come Back Stronger
May 15th, 2017 · No Comments