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Fabrinet shares fall 3.81% intraday due to technical correction and upcoming earnings report.
ByAinvest
Thursday, Aug 14, 2025 9:47 am ET1min read
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Fabrinet plunged 3.81% intraday, due to a technical correction following a 95% rise since early April and investor repositioning ahead of the company's Q4 2025 earnings report scheduled for August 18. Additionally, the sale of Fabrinet shares by Federated Hermes Inc. in the second quarter of 2025 added to the selling pressure.
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