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Stock Market & Financial Investment News

News Breaks
December 13, 2012
09:50 EDTFNSRFinisar pops higher in early trading, levels to watch
The shares are up over 4.3% at time of writing, last at $15.01. At that price, the stock has broken out above the bounds of its already bullish price channel. Next resistance is at $15.52. Support is at $14.96. Piper Jaffray made positive comments about the stock earlier today, believing the optical upgrade cycle for 2013 could be a factor for price appreciation.
News For FNSR From The Last 14 Days
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December 11, 2014
10:24 EDTFNSROptions with decreasing implied volatility
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December 10, 2014
10:20 EDTFNSROptions with decreasing implied volatility
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December 9, 2014
14:57 EDTFNSRTelecom equipment stocks rally after Verizon CFO comments on wireless CapEx
Telecom equipment stocks, which opened lower, rallied after Verizon (VZ) CFO Fran Shammo said he sees wireless CapEx continuing to trend upward. Shammo, speaking at the UBS 42nd Annual Global Media And Communications Conference, said, "The day we start to cut wireless CapEx is the day we start to wonder where the future of this industry is going." Ciena (CIEN), JDSU (JDSU), and Finisar (FNSR) all reversed earlier losses. PRICE ACTION: In afternoon trading, Ciena is up 1.5%, JDS Uniphase is up 3.8%, and Finisar is up 4.5%. Verizon, which was downgraded this morning to Neutral from Buy by RW Baird, is trading down almost 5%.
December 8, 2014
10:20 EDTFNSROptions with decreasing implied volatility
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December 5, 2014
11:24 EDTFNSRFinisar management to meet with B. Riley
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10:40 EDTFNSROptions with decreasing implied volatility
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05:51 EDTFNSRFinisar weakness a buying opportunity, says Piper Jaffray
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