U.S. optical stocks jump as Trump softens on China's ZTE [Reuters]
OCLARO (OCLR)
Last oclaro earnings: 11/8 04:05 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investor.oclaro.com/investor-relations
Company Research
Source: Reuters
U.S. optical stocks jump as Trump softens on China's ZTE | Reuters Reuters Staff 2 Min Read May 14 (Reuters) - Shares of U.S. optical component makers jumped on Monday after President Donald Trump pledged to help ZTE Corp “get back into business, fast” after a U.S. ban hurt the Chinese telecom equipment maker. Shares of Acacia Communications Inc, which got 30 percent of its total revenue in 2017 from ZTE, jumped nearly 16 percent in premarket trading. Shares of Oclaro Inc, which earned 18 percent of its fiscal 2017 revenue from ZTE, rose about 8 percent. Lumentum Holdings Inc, which has signed a deal to acquire Oclaro, rose 5.5 percent, while Finisar Corp gained 4.5 percent. Trump’s unexpected announcement was a stunning reversal, given Washington’s tough stance on Chinese trade practices that have put the world’s two largest economies on course for a possible trade war. Shares of optical component makers have tumbled in the past month since the U.S. Commerce Department banned America
Show less
Read more
Impact Snapshot
Event Time:
OCLR
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
OCLR 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
OCLR alerts
High impacting OCLARO news events
Weekly update
A roundup of the hottest topics