Why Many Optical Networking Stocks Plunged in November [The Motley Fool]
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: The Motley Fool
Demand for optical components may be unpredictable these days, but there's nothing wrong with this sector in the long run. Anders Bylund ( TMFZahrim ) Dec 12, 2017 at 3:34PM What happened Optical networking investors had it rough in November. Shares of Oclaro ( NASDAQ:OCLR ) fell 13.9%, Lumentum Holdings ( NASDAQ:LITE ) dropped 14.4%, and Finisar ( NASDAQ:FNSR ) stock took a 15% haircut, according to data from S&P Global Market Intelligence . All of these plunged in unison, right at the start of the month. So what Two of these companies reported earnings at the start of November. They sang slightly different songs, but certainly in the same key: Optical-components maker Oclaro reported second-quarter earnings of $0.20 per share on sales of $155.6 million, ahead of Wall Street's projections on both counts. The company set its
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