- Oclaro is facing a couple of soft quarters and the shares got blasted.
- On the one hand, this is understandable as there is little in the way of a visible catalyst in the immediate future.
- However, the company is in vastly better financial shape compared to only a few years ago, and this softness is likely to be shallow and fairly short.
Source: Oclaro Falls Off A Cliff – Oclaro, Inc. (NASDAQ:OCLR) | Seeking Alpha