logo
Share SHARE
FONT-SIZE Plus   Neg

Finisar Corp. (FNSR) Sank To A 1-Month Low After Downgrade

Jefferies downgraded its rating on shares of Finisar Corp. (FNSR) Friday morning to "Underperform" from "Hold."

Finisar gapped open lower Friday and declined further in the afternoon. The stock finished down by 1.60 at $13.98 on strong volume. Finisar dropped to over a one-month low and fell below both its 50 and 200-day moving averages.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

comments powered by Disqus
RELATED NEWS
Trade FNSR now with 
Follow RTT