The X post argues the recent bounce in optical communications stocks follows an earlier selloff that had overshot underlying fundamentals.
Optical communications stocks including LITE, AAOI and SIVE are staging a rebound that Serenity described as an expected recovery move. In a post on X, Serenity said the earlier selloff in the sector was purely an overreaction and did not reflect changes in company fundamentals. The current bounce, in that view, represents a normal repair process as market sentiment returns to a more rational footing.