Fabrinet shares tumbled 17% in afternoon trading Tuesday, enough to lead all of the NYSE-listed losers. The company has 14,663 employees in its workforce..

Fabrinet engages in the provision of optical packaging and electronic manufacturing services to original equipment manufacturers. EFFECT Photonics announced today that it has selected Fabinet as its manufacturing partner for its integrated optical sub-assemblies. Fabrinet shares tumbled 17% in afternoon trading Tuesday, enough to lead all of the NYSE-listed losers. Optical communications equipment company reported fiscal fourth-quarter results that beat expectations. Fabrinet ( NYSE:FN – Get Free Report ) last posted its earnings results on Monday, August 21st. CFO Csaba Sverha sold 20,000 shares of Fabinet stock in a transaction. Zacks: Fabrinet stock has received a consensus rating of buy. The 21 analysts offering price forecasts have a median target of 135.76, with a high estimate of 230.00 and a low estimate of 28.00. Fabrinet provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services in North America, the Asia-Pacific, and Europe. The company has 14,663 employees in its workforce. The Cayman Islands General Election will be … Fabrinet: Fiscal Q3 Earnings Snapshot - WTOP News Web. Cayman will vote on 14 April, 2021.