Finisar Beats, Seen Taking Share From JDS Uniphase

By | December 6, 2013

Scalper1 News

Finisar (FNSR) stock rose Friday after the maker of components for fiber-optic networks delivered fiscal Q2 profit and revenue above analyst estimates and gave a Q3 forecast that also beat consensus estimates. Finisar stock climbed 5% to 22.90 in early trading in the stock market today. The stock, which touched a more than two-year high of 26.66 on Oct. 21, is up more than 30% in 2013, IBD’s Telecom Fiber-Optics group ranks No. 36 out of 197 Scalper1 News

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