- More hitches in optical component stocks as President Trump now says there's not yet a deal with China to save ZTE (OTCPK:ZTCOF).
- Trump contradicted this morning's Wall Street Journal report suggesting the deal outlines were set, including financial penalties for ZTE and required management changes.
- ZTE had ceased major business operations after receiving a seven-year ban on buying components and software from U.S. companies.
-
Up as much as 2.8%, Oclaro (NASDAQ:OCLR) has trimmed gains a bit to 1.8%. Up as much as 4.9% today, Acacia Communications (NASDAQ:ACIA) is now up just 0.4%.