Fabrinet Stock Falls 4% Over Announcement Of Partnership With IPronics
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Fabrinet Stock Falls 4% Over Announcement Of Partnership With IPronics
March 17, 2026 — 11:12 am EDT
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(RTTNews) - Shares of Fabrinet (FN) are moving down about 4 percent on Tuesday morning trading following the announcement of its partnership with iPronics, a provider of programmable silicon photonics for AI datacenter networking.
The company's stock is currently trading at $491.61, down 4.14 percent or $21.21, over the previous close of $512.82 on the New York Stock Exchange. It has traded between $148.55 and $632.99 in the past one year.
Under the partnership, iPronics will establish a SiPh packaging and assembly manufacturing line for next generation AI optical circuit switches at Fabrinet
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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