Hot Stocks

II-VI, Inc. (NASDAQ:IIVI) Picks Up Finisar and Takes a Beating

II-VI, Inc. (NASDAQ:IIVI) recently announced, along with Finisar Corporation (FNSR), a global technology leader in optical communications, that they have entered into a definitive merger agreement under which II-VI will acquire Finisar in a cash and stock transaction with an equity value of approximately $3.2 billion. According to the release, […]

Technology Stocks

II-VI, Inc. (NASDAQ:IIVI) Logs Another Win for the Chip-Cycle-Isn’t-Over Crowd

II-VI, Inc. (NASDAQ:IIVI) just announced results for its fiscal first quarter ended September 30, 2018. “We delivered a solid first quarter, and ended with a record order backlog. Compared to Q1FY18, the communications end market clearly remains strong for II-VI, growing 20% year over year, our military business grew 30%, […]