Fiber-optic networking stocks plunged in October – Cabling Install

Shares of many fiber-optic networking stocks fell hard in October 2016, according to data from S&P Global Market Intelligence. For example, long-haul networking equipment makers Ciena and Infinera fell 11.1% and 13.6% respectively. Optical components providers Oclaro and Acacia Communications dropped 14.5% and 32.5% lower.

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