New York, Jan 18, 2026, 20:13 EST — Market closed.
Fabrinet shares closed the final U.S. session down 0.7% at $494.45, slipping from an intraday range of $485.83 to $505.39. Around 497,000 shares changed hands.
The stock won’t see any new data on Monday. U.S. markets are closed for Martin Luther King Jr. Day, so trading resumes Tuesday. 1
That’s important for FN since this holiday-shortened week compresses several key events into just a few trading days. Among them: Thursday’s U.S. personal income and outlays report for October and November, set for 10 a.m. ET. The release features the PCE price index, the inflation measure the Federal Reserve watches closely. 2
The company last updated investors in early November, announcing record revenue for the first quarter. It highlighted strength in telecom and early gains from high-performance computing. CEO Seamus Grady said revenue “was above our guidance range.” The company now expects second-quarter revenue between $1.05 billion and $1.10 billion, with GAAP earnings per share forecast at $2.91 to $3.06. 3
Friday’s trading range highlighted clear levels. Breaking above $505 might trigger momentum buying, while slipping below $486 would challenge demand following the recent rally.
Fabrinet often behaves like a high-beta hardware stock, even without any fresh company news. Shifts in rates and unexpected macro data usually hit pricier growth names first, and FN has proven it can jump or drop by several percentage points in just one session.
Fabrinet has flagged a company-specific risk: its performance depends heavily on a limited group of customers and suppliers. Supply-chain hiccups and unpredictable demand swings can also throw off quarterly results. 4
A light holiday week can skew price signals. Should volatility spike on Tuesday, investors will be keen to see if it holds real conviction or is merely short-term flows chasing the tape.
Following Thursday’s inflation figures, all eyes turn to the Federal Reserve’s policy meeting set for Jan. 27-28. For FN, changes in rate forecasts tied to that event could be just as influential as the company’s upcoming earnings report. 5
