🔴 Fabrinet is trading 4.16% down today after cash-flow concerns overshadowed record results

Fabrinet is trading at $426.35 (-4.16%) as cash-flow and capital-spending concerns overshadow record fiscal fourth-quarter results.

• Revenue reached $1.316 billion and non-GAAP EPS was $4.10, but weaker margins and fiscal first-quarter guidance weighed on investors.
• Negative fourth-quarter free cash flow and elevated capital expenditures for Thailand and California expansion intensified concerns.
• Broader markets are higher, suggesting company-specific earnings overhang is the primary pressure.