Acacia leads optical stocks higher after Trump tweets of desire for a ZTE lifeline [MarketWatch]
ACACIA COMMUNICATIONS (ACIA)
Last acacia communications earnings: 2/18 04:01 pm
Check Earnings Report
US:NASDAQ Investor Relations:
ir.acacia-inc.com/investor-overview
Company Research
Source: MarketWatch
Acacia leads optical stocks higher after Trump tweets of desire for a ZTE lifeline Shares of Acacia Communications Inc. ACIA, +13.84% and other optical names are indicating sharply higher in premarket trading after President Donald Trump this weekend tweeted that he was working with China to find Chinese smartphone maker ZTE Corp. "a way to get back into business, fast." A few weeks ago, Trump's administration blocked U.S. companies from selling to ZTE for seven years, alleging that ZTE failed to reprimand employees after violating Iran sanctions. Acacia generated 30% of its revenue from ZTE last year. Shares of fellow optical names Lumentum Holdings Inc. LITE, +3.37% Oclaro Inc. OCLR, +6.18% NeoPhotonics Corp. NPTN, +6.07% and Finisar Corp. FNSR, +2.73% are also trading higher premarket on optimism for a ZTE lifeline. Shares of those companies and Acacia sold off in mid-April after the ban was first announced.
Show less
Read more
Impact Snapshot
Event Time:
ACIA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ACIA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ACIA alerts
High impacting ACACIA COMMUNICATIONS news events
Weekly update
A roundup of the hottest topics