Plus   Neg

Finisar Pulls Back Off Best Levels But Remains Firmly Positive

After gapping open higher, shares of Finisar (FNSR) have given back some ground but remain firmly in positive territory in afternoon trading on Friday. Finisar is currently up by 1.2 percent after reaching its best intraday level in a month.

The initial jump by Finisar came after the fiber optics components maker announced the retirement of Chairman and CEO Jerry Rawls and the appointment of former Broadcom (AVGO) executive Michael Hurlston as CEO.

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