Littelfuse Shares Fall Amid Escalating Middle East Tensions

Shares of Littelfuse fell 4.8% after President Trump threatened to "completely obliterate" Iran's energy infrastructure, raising the specter of a total energy supply shock. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Littelfuse's shares are volatile, with 15 moves greater than 5% over the last year. The previous big move was 27 days ago, when the stock dropped 4.2% on the news of escalating war with Iran and a potential blockage of the Strait of Hormuz.