NeoPhotonics cuts guidance as a result of U.S. ban on Huawei business, stock gains

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NeoPhotonics cuts guidance as a result of U.S. ban on Huawei business

Shares of NeoPhotonics Corp. NPTN, +0.00% rose 1.5% in premarket trade Thursday, after the optical components maker revised its second-quarter guidance lower as a result of the U.S. ban on business with China's telecom giant Huawei Technologies.

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