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Finisar Drops After Goldman Sachs Downgrade On 'Cyclical Risks,' Company Pressures

Retrieved on: 2018-01-16 04:13:39

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<div>While Apple Inc. (NASDAQ: AAPL)'s announcement of its intention to invest $390 million in <b>Finisar</b> to support 3-D sensing applications represents a “clear positive," several risks are associated with this investment, including the fact that Apple has no contractual obligation with <b>Finisar</b>, Clark said.</div>

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