Secondaries announced 6-23-2016

IPOBoutique.Com rates secondary offerings to hit the tape with a ‘BUY’, ‘NEUTRAL’ or ‘AVOID’ rating. Senior Managing Partner Scott Sweet maintains a track record for all secondary’s he’s issued with a ‘BUY’ rating.

Company: Lumentum Holdings-BLOCK
Symbol: LITE
Price: Last trade $25.20
Description: Re-offer $25.00
Trade Date: 6/24
Shares: 300,000
Underwriter(s) Morgan Stanley
Rating=Subscription Needed