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Acacia Communications stock plunges after Chinese company banned from U.S. commerce

Maynard optical communications equipment manufacturer Acacia Communications is taking steps to suspend its business relationship with a Chinese company that has been banned from buying American products.
U.S. Secretary of Commerce Wilbur Ross announced Monday the activation of the seven-year denial of export privileges of American products for ZTE Corp. after the Department of Commerce determined that the Chinese company failed to live up to a Marc ...

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