Seeking Alpha

In spite of beating FQ2 estimates, Oclaro (OCLR -9%) is selling off today, as the Street focuses...

In spite of beating FQ2 estimates, Oclaro (OCLR -9%) is selling off today, as the Street focuses on the optical component maker's underwhelming FQ3 guidance (revenue of $90M-$97M vs. consensus of $115M), likely affected by soft telecom capex. Falling in sympathy: JDSU -3.7%. FNSR -2.5%. OPXT -1.8%. NPTN -1.9%. (transcript)
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|