For those who remember the dot-com boom and bust, it’s hard to get too excited about the field of fiberoptics. Optical stocks soared during the internet bubble and went south with its implosion. The new generation of fiber stocks, such as Oclaro (OCLR) and Lumentum Holdings (LITE), had good runs last year amidst a new blush of enthusiasm, but they’ve fizzled of late.
- Barrons.com•2 days ago
China has been a worry for investors in fiber optic stocks this year, and Stifel Nicolaus analyst Patrick Newton, who is generally very positive on names such as Lumentum Holdings (LITE), nevertheless cuts his price targets this morning on several of them, after digging into the details of China’s sluggishness. Newton, who has Buy ratings on Lumentum, on Finisar (FNSR), on Fabrinet (FN), and on Oclaro (OCLR), cuts his targets for all four, after detecting evidence of a slowdown that has persisted into this month.
- Investor's Business Daily•4 days ago
Shares in fiber-optic component makers tumbled Wednesday, with Oclaro and Acacia shares taking the biggest hit.
FNSR : Summary for Finisar Corporation - Yahoo Finance
Finisar Corporation (FNSR)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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|Bid||22.80 x 200|
|Ask||24.00 x 500|
|Day's Range||22.16 - 22.89|
|52 Week Range||15.21 - 36.85|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||19.44|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|