On July 7, Fabrinet fell 5.28% in regular trading, trading at $463.75 USD/share, with Turnover of $104 million.
Within the Electronic Manufacturing Services sector where Fabrinet belongs, the overall sector is under broad pressure. Among individual stocks, Flex Ltd down 8.6%, Jabil Circuit down 7.66%, TTM Technologies Inc down 6.98%, Celestica down 5.04%, TE Connectivity down 2.2%.
Fabrinet provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services to original equipment manufacturers. Its products span optical communication components, modules and sub-systems, industrial lasers, automotive components, medical devices, and sensors.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
Comments