|Day Low/High||42.49 / 43.25|
|52 Wk Low/High||24.72 / 47.26|
In recent trading, shares of Acacia Communications Inc have crossed above the average analyst 12-month target price of $41.96, changing hands for $42.15/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.
In recent trading, shares of Acacia Communications Inc have crossed above the average analyst 12-month target price of $38.09, changing hands for $38.54/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.
Reports that Trump reversed his decision on ZTE sent stocks from ZTE's business partners shooting up.
The Dow Jones Industrial Average, S&P 500 and Nasdaq all closed higher on Monday.
The Trump administration is negotiating trade with China and ZTE may benefit.
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TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer weighs in on Thursday's trending stocks.
Investors would have known about Acacia Communications small customer base had they read the risks section of the company's annual 10-K report, according to TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer.
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Even if a tariff compromise is reached, strained ties between the U.S. and China could affect M&A reviews and telecom equipment deals, and also produce local boycotts.
The most recent short interest data has been released for the 02/28/2018 settlement date, which shows a 977,120 share decrease in total short interest for Acacia Communications Inc , to 6,729,566, a decrease of 12.68% since 02/15/2018. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded.
Jim Cramer is bearish on Southwest Airlines, Regeneron Pharmaceuticals, and Acacia Communications.
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Scott+Scott, Attorneys at Law, LLP ("Scott+Scott"), a national shareholder and consumer rights litigation firm, reminds investors that October 13th is the deadline for lead plaintiff motions in the securities class...
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