Oclaro (OCLR) Gains in Sympathy with Acacia Communications (ACIA)

August 12, 2016 11:59 AM EDT
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Oclaro (NASDAQ: OCLR) is seeing sharp gains Friday (+9%) on the back of strong results from peer Acacia Communications, Inc. (NASDAQ: ACIA), which is 2016's hottest IPO (+290%) and up 34% today after reporting blow-out results after the close.

Oclaro had its own strong results on August 2nd.

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