Finisar Corp. (FNSR) announced after the bell Thursday that it intends to offer $450,000,000 aggregate principal amount of convertible senior notes due 2036 in a private placement. The stock is now down 2.17 on 139K shares.
Finisar climbed for the majority of the morning Thursday and ended the session with a gain of 1.43 at $32.72 on above average volume.
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