Apple invests $390 million in Finisar

Finisar Corp. (Nasdaq: FNSR) received a $390 million investment from Apple (Nasdaq: AAPL) to increase production of laser diodes that are used in the iPhone X for Face ID, Animoji and portrait mode selfies. Shares of Finisar leaped $4.40 to close at $23.70 while Apple stock edged up 57 cents to close at $172.27.



Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.