Fabrinet Shares Tumble As Nvidia Datacom Weakness Overshadows Telecom Strength
Fabrinet shares fell after Q4 results. Rosenblatt, Needham, and BNP Paribas analysts reaffirmed Buy ratings and high price targets.
Fabrinet's stock price dropped even though experts still think it's a good company to own. This shows that sometimes the price of a stock falls when one big customer (like Nvidia) has problems, even if other parts of the business are doing well.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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