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JDS Uniphase (JDSU) Sees Early Selling

March 18, 2011 10:02 AM EDT
JDS Uniphase Corporation (Nasdaq: JDSU) bouncing off of early lows, now down 4.1%. Shares dropped sharply at the open, falling as much as 5.5% to $19.06.

Support seemed to have been at $19.12 for the moment.

JDS and other communication equipment companies might be reacting to the G-7's move to shore up the yen.


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