Fabrinet is trading 5.1% down at $556.26 as investors continue to react to management's recent warning regarding supply chain constraints in its Datacom business.
- The Datacom unit is the company's fastest-growing segment, leading investors to reassess growth expectations following the flagged parts shortages.
- Shares remain under significant pressure, extending a sharp multi-day decline as the market adjusts to the potential impact on the company's near-term outlook.