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Finisar Jumping On Upbeat Q1 Results, Guidance

Shares of Finisar (FNSR) have moved sharply higher over the course of the trading session on Friday, surging up by 10 percent. Finisar has reached its best intraday level in six months.

The jump by Finisar comes after the fiber optic component supplier reported better than expected fiscal first quarter results and provided upbeat guidance for the current quarter.

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