JDS Uniphase Corp (JDSU) Peers Inch Higher Following Split Announcement

JDS Uniphase Corp (NASDAQ: JDSU) peers Ixia (NASDAQ: XXIA), Ciena (NYSE: CIEN), and Finisar (NASDAQ: FNSR) ticked higher after-hours on Wednesday after JDS Uniphase said it would split into two public companies -- an optical components and commercial lasers company consisting of JDSU’s current Communications and Commercial Optical Products segment, and a network and service enablement company consisting of JDSU’s current Network Enablement, Service Enablement and Optical Security and Performance Products (OSP) segments.

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