|Day Low/High||22.60 / 23.39|
|52 Wk Low/High||12.33 / 23.64|
Business isn't great right now for these companies. But there's a good chance it'll be better in a year or two.
On the whole, tech stocks had a solid earnings season. But many richly-valued names sputtered despite releasing decent numbers.
A warning from MACOM Technology Solutions Holdings that China business is weak has adversely impacted the optical sector today. Oclaro , Applied Optoelectronics and Lumentum Holdings are down in sympathy.
Optical stocks are being taken to the woodshed today -- Oclaro -$0.86 (-10%), Lumentum -$2.15, MACOM Technology Solutions -$4.00, Acacia Communications -$3.00, Applied Optoelectronics -$2.00 and Fabrinet -$2.90. I recently wrote several columns ...
Macom Technology will buy Applied Micro for $770 million, a 15% premium over Friday's closing price.
Here is today's schedule. Below is the schedule of today's day one of the Goldman Sachs Technology Conference. 10:15 a.m.: Apple (AAPL) -- Keynote Speaker, Tim Cook 11:10 a.m.: eBay (EBAY) -- Keynote Speaker, John Donahoe 11:55 a.m.: Broadcom (BRCM...