Fabrinet stock (FN) heads into MLK Day pause: what investors watch next week
Fabrinet shares fell 0.7% to $494.45 in Friday’s U.S. session, with about 497,000 shares traded. U.S. markets close Monday for Martin Luther King Jr. Day, resuming Tuesday ahead of Thursday’s key PCE inflation report. The company last reported record Q1 revenue and forecast Q2 revenue of $1.05–$1.10 billion. Investors are watching for volatility after the holiday and the Fed’s Jan. 27–28 policy meeting.