JDS Uniphase (JDSU) fell to a 52-week low of $37 in midafternoon, then began to bounce back. It was recently down 4.7%. The moves followed a CNBC report that Deutsche Banc Alex. Brown is urging its sales force to be cautious about the optical company.
JDS Uniphase had enjoyed a strong session until then. Other optical issues followed it down and then back up.
dipped into negative territory and was down 1% after falling lower briefly;
dropped sharply and rebounded. It was up 10.2%.