About Acacia Communications, Inc
Acacia Communications, Inc. develops, manufactures, and sells high-speed coherent optical interconnect products in the United States, China, Germany, Thailand, and internationally. The company offers embedded and pluggable module products consisting of optical interconnect modules with transmission speeds ranging from 100 to 1,200 gigabits per second for use in long-haul, metro, and inter-data center markets. It also provides semiconductor products, such as low-power coherent digital signal processor application-specific integrated circuits and silicon photonic integrated circuits that are integrated into embedded and pluggable modules. The company sells its products through a direct sales force to network equipment manufacturers, network operators, and cloud service providers. Acacia Communications, Inc. was founded in 2009 and is headquartered in Maynard, Massachusetts. Address: Three Mill and Main Place, Maynard, MA, United States, 01754
Acacia Communications, Inc News and around…
Latest news about Acacia Communications, Inc (ACIA) common stock and company :
Most tech stocks have gained significantly over the past year as demand for technology solutions increased with the broad adoption of work-from-home structures amid the COVID-19 pandemic.
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Acacia Communications Inc (ACIA), where a total volume of 3,645 contracts has been traded thus far today, a contract volume which is representative of approximately 364,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 54.8% of ACIA's average daily trading volume over the past month, of 664,985 shares..
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Acacia Communications Inc (ACIA), where a total volume of 5,156 contracts has been traded thus far today, a contract volume which is representative of approximately 515,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 65.2% of ACIA's average daily trading volume over the past month, of 790,740 shares..
Don't sell this undervalued tech stock as it hits a cyclical trough.
Cisco and two other companies pay high yields and trade at discount valuations.
China’s antitrust regulator approved Cisco Systems Inc.’s acquisition of Acacia Communications Inc., clearing the deal for completion under several conditions aimed to protect supply to the companies’ Chinese customers.
Upgrades For Stifel Financial Corp (NYSE:SF), Wells Fargo upgraded the previous rating of Underweight to Equal-Weight. ...
Yesterday’s trading day saw a rise in Acacia's stock by 31.45%, closing at 113.75 dollars per share, thus breaking the strong lateral that it has seen since the beginning of July 2019, with resistance at the level of 69 dollars per share.
Gainers Poshmark, Inc. (NASDAQ: POSH) shares climbed 141.7% to close at $101.50 on Thursday as the company priced its IPO at $42 ...
The price has been sweetened by 64%.
In the latest look at stocks ordered by largest market capitalization, Russell 3000 component Acacia Communications Inc (ACIA) was identified as having a larger market cap than the smaller end of the S&P 500, for example HollyFrontier Corp (HFC), according to The Online Investor. Click here to find out the top S&P 500 components ordered by average analyst rating » Market capitalization is an important data point for investors to keep an eye on, for various reasons..
Toward the end of trading Thursday, the Dow traded up 0.24% to 31,135 while the NASDAQ rose 0.27% to 13,164.28. The S&P also rose, ...
The game of chess between Acacia and Cisco ended with a more generous merger agreement.
Cisco upped its offer for Acacia Communications to $4.5 billion from $2.6 billion. Cisco stock edged up while Acacia stock soared on the sweetened offer for the maker of optical devices.
Gainers Datasea (NASDAQ:DTSS) shares rose 82.77% to $4.35 during Thursday's regular session. Trading volume for this ...
Gainers Datasea Inc. (NASDAQ: DTSS) shares jumped 82% to $4.33 after the company reported establishment of a new company to ...
Acacia Communications's Stock Price And Volume Action Acacia Communications (NASDAQ:ACIA) is currently up 31.85% to a price of ...
Shares of Acacia Communications, Inc. (NASDAQ: ACIA) were rallying Thursdayafter a brief legal dispute with Cisco Systems, Inc. ...
Shares of Acacia Communications Inc. are surging more than 30% in Thursday morning trading after Cisco Systems Inc. made an upsized offer for the optoelectronics company.
Acacia Communications saw its IBD SmartSelect Composite Rating rise to 96 Wednesday, up from 91 the day before.
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Acacia Communications Inc (ACIA), where a total volume of 10,017 contracts has been traded thus far today, a contract volume which is representative of approximately 1.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 58.2% of ACIA's average daily trading volume over the past month, of 1.7 million shares..
An older-model 737 crashed over the weekend, and Cisco is going to court to close the deal for Acacia.
The Chinese company cites the lack of timely approval from a regulator as the key reason for the move.
Cisco Systems Inc.'s proposed $2.6 billion merger with Acacia Communications Inc. could be destined for a day in court after Acacia announced Friday that it was terminating the agreement on grounds that Cisco disputes.
Acacia Communications terminated its $2.6 billion acquisition by Cisco Systems after China delayed approval of the deal. Acacia stock jumped on the news while Cisco stock was little changed.
The company says it's no longer merging with Cisco.