Tag: $Fabrinet

Fabrinet Shares Rally After 4Q Beat

Fabrinet shares rose Tuesday after the company beat revenue and profit expectations for the fourth quarter. Shares in premarket trading on Tuesday were up 10% at $255.0. Since the start of the year, shares are up nearly 22%..

Fabrinet stock rallies as new AI products lift results

Shares of Fabrinet jumped 13% after hours on Monday after the high-tech manufacturing services company forecast first-quarter results that were above Wall Street’s expectations, after new AI products and data-communications sales drove results for its fourth quarter.