Your email has been successfully added to our mailing list.

×
0 -0.00221863654699489 -0.00968132311415901 -0.000605082694634956 0.00161355385235979 0.00907624041952391 0.0132109721661959 0.0108914885034288
Stock impact report

Fabrinet Stock Jumps As Earnings, Guidance Top Views Amid China Tariffs [Investor's Business Daily]

Fabrinet Ordinary Shares (FN) 
Last fabrinet ordinary shares earnings: 2/3 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.fabrinet.com/investor-relations
Related news Fabrinet stock shot up Tuesday after the company notched a beat-and-raise fiscal first quarter. The ongoing trade battle between the U.S. and China will provide upside, one analyst said. Shares in Fabrinet ( FN ), a contract manufacturer specializing in optical products, soared 16.4% to 52.62 in early trading on the stock market today . Fabrinet stock jumped above a technical buy point of 49.07 with the gain. The U.S. trade battle with China provides a boost for Fabrinet, says Needham analyst Alex Henderson. Manufacturing is moving outside China because of tariffs placed of products imported into the U.S., he says. Fabrinet has a manufacturing plant in Thailand. "As companies flee China, Fabrinet is benefiting and seeing rapid uptake of capacity commitments," Henderson said in a report to clients. The company said revenue rose 6% to $377.2 million, blowing past analyst estimates of $352 million. Profit jumped 23% to 92 cents. Analysts projected 81 cents. For the December Show less Read more
Impact Snapshot
Event Time:
FN
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
Opt-in for FN alerts
Opt-in for
FN alerts

from News Quantified
Opt-in for
FN alerts

from News Quantified