Comment on Why Optical Networking Stocks Dropped Today

Why Optical Networking Stocks Dropped Today

Shares of optical component companies have dropped today, including Oclaro (NASDAQ: OCLR), Acacia (NASDAQ: ACIA), Lumentum (NASDAQ: LITE), and Finisar (NASDAQ: FNSR), whose shares were down 11%, 11%, 6%, and 3%, respectively, as of 3:30 p.m. EDT, after the U.S. broadened its investigation regarding compliance with sanctions programs.The New York Times reported on Wednesday that the U.S.

 

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