In trading on Monday, shares of Fabrinet (NYSE:FN) crossed below their 200 day moving average of $21.26, changing hands as low as $20.30 per share. Fabrinet shares are currently trading off about 11.4% on the day. The chart below shows the one year performance of FN shares, versus its 200 day moving average:
Looking at the chart above, FN's low point in its 52 week range is $9.61 per share, with $32.91 as the 52 week high point — that compares with a last trade of $21.20.
FN operates in the Manufacturing sector, among companies like Tellabs, Inc. (TLAB) which is off about 3.6% today, and Netgear, Inc. (NASDAQ:NTGR) trading lower by about 1.5%. Below is a three month price history chart comparing the stock performance of FN, versus TLAB and NTGR.
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