Trader’s Round Up: Maxim Integrated Products Inc. (NASDAQ:MXIM), U.S. Silica Holdings Inc (NYSE:SLCA), Finisar Corporation (NASDAQ:FNSR)

On Wednesday, Shares of Maxim Integrated Products Inc. (NASDAQ:MXIM), subtract -0.48% and closed at $39.51 in the last trading session. The last trading range of the stock ranges between $38.50 and $39.71. Designers of industrial controllers can safely drive and demagnetize any inductive load for Industry 4.0 applications with the MAX14913 octal high-side switch and driver from Maxim Integrated Products, Inc. (MXIM). With an exclusive, innovative, safe-demagnetizing clamp on each output, it easily and reliably interfaces low-voltage digital signals to 24V output-control lines.

U.S. Silica Holdings Inc (NYSE:SLCA), jumped 6.87% and closed at $48.70 in the last trading session. The last trading range of the stock ranges between $45.26 and $49.26. The company’s Market capitalization is $3.36 Billion with the total Outstanding Shares of 70.64 million. U.S. Silica Holdings, Inc. (SLCA) declared recently that it has priced an underwritten public offering of 9,000,000 shares of U.S. Silica common stock for total gross proceeds of $416,250,000. The underwriters have been granted a 30-day option to purchase up to an additional 1,350,000 shares of common stock.

U.S. Silica intends to use the net proceeds of the offering for general corporate purposes counting the potential acquisition of complementary businesses or assets. The offering is expected to close on November 16, 2016, subject to customary closing conditions.

Finisar Corporation (NASDAQ:FNSR), gained 1.68% and closed at $29.72 in the last trading session. The last trading range of the stock ranges between $28.43 and $29.85. During the 52-week trading session the minimum price at which share price traded, registered at $11.11 and reached to max level of $31.42. Finisar Corporation provides optical subsystems and components for data communication and telecommunication applications in the United States, Malaysia, China, and internationally. Its optical subsystems mainly consist of transmitters, receivers, transceivers, transponders, and active optical cables that provide the fundamental optical-electrical or optoelectronic interface for interconnecting the electronic equipment used in communication networks, counting the switches, routers, and servers used in wireline networks, in addition to the antennas and base stations used in wireless networks. The company also offers wavelength selective switches, which are used to switch network traffic from one optical fiber to multiple other fibers without converting to an electronic signal. In addition, it provides optical components comprising packaged lasers, receivers, and photodetectors for data communication and telecommunication applications; and passive optical components for telecommunication applications. Finisar Corporation markets its products through its direct sales force, in addition to through a network of distributors and manufacturers’ representatives to the original equipment manufacturers of storage systems, networking equipment, and telecommunication equipment, in addition to to their contract manufacturers.

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