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Finisar Corporation (FNSR) Surges: Stock Moves 5.6% Higher

Finisar CorporationFNSR was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $22.43 to $20.88 in the past one-month time frame.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter hasn't been in a trend either. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Finisar Corporation currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.

Finisar Corporation Price

Finisar Corporation Price | Finisar Corporation Quote

A better-ranked stock in the Computer sector is AAC Technologies Holdings Inc. AACAY , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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