Finisar Corporation (FNSR) ended last trading session with a change of 0.52 percent. It trades at an average volume of 2.12M shares versus 2.59M shares recorded at the end of last trading session. The share price of $28.75 is at a distance of 140.79 percent from its 52-week low and down -21.98 percent versus its peak. The company has a market cap of $3.19B and currently has 111.04M shares outstanding. The share price is currently -6.92 percent versus its SMA20, -6.93 percent versus its SMA50, and 23.75 percent versus its SMA200. The stock has a weekly performance of -2.01 percent and is -5.02 percent year-to-date as of the recent close.
On December 16, 2016 Finisar Corporation (FNSR) announced the pricing of its previously announced offering of $500,000,000 aggregate principal amount of its 0.50% Convertible Senior Notes due 2036 (the “Notes”) in a private placement. The offering was upsized from the previously announced $450,000,000 aggregate principal amount of Notes. Finisar has granted the initial purchasers of the Notes a 30-day option to purchase up to an additional $75,000,000 aggregate principal amount of the Notes, solely to cover over-allotments. The notes will be offered and sold by the initial purchasers only to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Act”). The offering is expected to close on or about December 21, 2016, subject to satisfaction of customary closing conditions.
TripAdvisor, Inc. (TRIP) recently recorded 0.77 percent change and currently at $51.31 is 12.45 percent away from its 52-week low and down -34.89 percent versus its peak. It has a past 5-day performance of 8 percent and trades at an average volume of 2.46M shares. The stock has a 1-month performance of 6.76 percent and is 10.65 percent year-to-date as of the recent close. There were about 141.2M shares outstanding which made its market cap $7.24B. The share price is currently 7.06 percent versus its SMA20, -0.25 percent versus its SMA50, and -16.13 percent versus its SMA200.
On Jan. 5, 2017 TripAdvisor, Inc. (TRIP) announced that it will audiocast a conference call on Thursday, February 16, 2017 at 8:30 a.m. Eastern Time to answer questions regarding its fourth quarter and full-year financial results and management’s published remarks. After the close of market trading on Wednesday, February 15, TripAdvisor will issue a press release reporting results and will simultaneously publish management’s prepared remarks, which may include certain forward-looking information, at http://ir.tripadvisor.com/events.cfm.