TODAY'S CHARTS: Apple boosts Finisar, Helios and Matheson tumbles, Western Digital Settles
Finisar (FNSR) up big as Apple announced the manufacturer of optical communications will receive $390 million from Apple’s (AAPL) Advanced Manufacturing fund. Taking a look at the chart, shares are chugging higher, up over 20%.
Up Next – Helios and Matheson (HMNY). The parent of Moviepass, the subscription theatrical movie service in the news as it announced a complicated share offering of over 8 million new shares, plus warrants. Check out the chart, shares are tumbling over 20% – but remember this stock is up big in 2017.
Finally – Western Digital (WDC). The maker of hard disk and memory systems in the green as it announced a global settlement agreement with Toshiba to settle all ongoing litigation related to their flash memory businesses. Looking at the chart, Western Digital shares are up in the single digits today.
For more on today’s big movers check out the Final Round, live at 3:55pm ET, right here on Yahoo Finance.