Oplink Plunging 15% On Finisar Miss (OPLK)

Oplink Communications, Inc OPLK shares are getting crushed today, down 15% after the optical networking company Finisar FNSR guided much lower than expected, dragging down Oplink and other optical networking companies down with it.

At last check, shares of Oplink Communications were off $3.93 to $21.69, a loss of 15.3% on 1.1 million shares.

Oplink Communications, Inc. designs, manufactures, and sells optical networking components and subsystems worldwide. The company offers its services for optical networking components and subsystems that expand optical bandwidth.