Acacia Communications (NASDAQ: ACIA)lost over a third of its value on April 16 after the U.S. Commerce Department blocked all American companies from selling products to Chinese tech giant ZTE (NASDAQOTH: ZTCOY). Acacia, which sells fiber optic components for network upgrades, generated 30% of its sales from ZTE last year.
5 Lessons From Acacia Communications' Downfall
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