Finisar Corporation (FNSR) Soars 5.33% on September 20

Equities Staff  |

Finisar Corporation (FNSR) had a good day on the market for Friday September 20 as shares jumped 5.33% to close at $24.30. About 8.81 million shares traded hands on 44,501 trades for the day, compared with an average daily volume of n/a shares out of a total float of 120.11 million. After opening the trading day at $24.40, shares of Finisar Corporation stayed within a range of $25.14 to $24.16.

With today's gains, Finisar Corporation now has a market cap of $2.92 billion. Shares of Finisar Corporation have been trading within a range of $24.77 and $15.81 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Finisar Corp is a California-based provider of fiber optical modules and components that are used in data communications and telecommunications. The company's only reportable segment is optical subsystems and components. Optical subsystems consist of transmitters, receivers, transceivers, transponders and active optical cables that provide the fundamental optical-electrical, or optoelectronic, interface for interconnecting the electronic equipment used in building communication networks and others. Optical components consist primarily of packaged lasers, receivers, and photodetectors for data communication and telecommunication applications. Geographically, it derives a majority of revenue from the United States and also has a presence in China, Mexico and Rest of the world.

Finisar Corporation is based out of Sunnyvale, CA and has some 13,000 employees. Its CEO is .

For a complete fundamental analysis of Finisar Corporation, check out Equities.com’s Stock Valuation Analysis report for FNSR.

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Finisar Corporation is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on Finisar Corporation and to follow the company’s latest updates, you can visit the company’s profile page here: FNSR’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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