What Caused The Opening Gap In Acacia Communications?

Manufacturer of optical interconnect products Acacia Communications ACIA today had a large opening gap of 26.68%.

Photo taken from the Opening Gap Signals tool inside Benzinga Pro.

Why Is ACIA Moving?

Acacia Communications shares are trading higher after Cisco announced it will acquire the company for $70 per share.

Photo taken from the ‘Why Is It Moving?’ Details tool inside Benzinga Pro.

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